kabutan

HOKKAN HOLDINGS LIMITED, First Half Ordinary Profit Increases by 1%, Exceeds Full-Year Plan

Fri Nov 8, 2024 4:00 pm JST Earnings

5902 HOKKAN HOLDINGS LIMITED 【J-GAAP】

Earnings Report

HOKKAN HOLDINGS LIMITED <5902> [TSE-P] announced its financial results after the market closed on November 8th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was 4.61 billion yen, a 1.0% increase compared to the same period last year. The progress rate against the full-year plan of 3.8 billion yen is 121.4%, already exceeding the target and also exceeding the same period of the previous year of 90.3%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the October to March period (second half) is expected to turn into a loss of 814 million yen (compared to a profit of 492 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 1.69 billion yen, a 32.9% decrease compared to the same period last year. The operating profit margin significantly dropped from 10.1% in the same period last year to 6.7%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 48,076 2,105 2,557 1,556 127.5 770.2 Nov 8, 2022 J-GAAP
Apr - Sep, 2023 46,265 4,175 4,569 3,237 264.7 90.3 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 47,914 4,439 4,614 3,178 259.1 121.4 Nov 8, 2024 J-GAAP
YoY +3.6% +6.3% +1.0% -1.8% -2.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 47,900 4,400 4,600 3,200 261.1 23 Oct 30, 2024 J-GAAP
Apr - Sep, 2024 Results 47,914 4,439 4,614 3,178 259.1 23 Nov 8, 2024 J-GAAP
Revision Rate +0.0% +0.9% +0.3% -0.7% -0.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 44,668 215 492 -518 -42.3 55 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 44,786 -939 -814 -1,278 -103.9 － Nov 8, 2024 J-GAAP
YoY +0.3% － － -146.7% -145.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 93,660 -456 332 -2,007 -164.3 45 May 12, 2023 J-GAAP
Mar, 2024 90,933 4,390 5,061 2,719 222.2 78 May 15, 2024 J-GAAP
Mar, 2025 Guidance 92,700 3,500 3,800 1,900 154.4 － May 15, 2024 J-GAAP
YoY +1.9% -20.3% -24.9% -30.1% -30.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 23,552 2,377 2,527 2,094 171.2 10.1 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 23,012 685 853 462 37.8 3.0 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 21,656 -470 -361 -980 -80.1 -2.2 May 15, 2024 J-GAAP
Apr - Jun, 2024 24,007 2,841 2,919 2,004 163.6 11.8 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 23,907 1,598 1,695 1,174 95.7 6.7 Nov 8, 2024 J-GAAP
YoY +1.5% -32.8% -32.9% -43.9% -44.1%

Related Articles