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Cocolonet, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 13%, Oct-Dec Ordinary Profit Decreases by 4%

Mon Feb 3, 2025 4:00 pm JST Earnings

6060 Cocolonet CO., LTD. 【J-GAAP】

Earnings Report

Cocolonet CO., LTD. <6060> [TSE Std] announced its financial results after the market closed on February 3rd (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 13.2% from the same period last year to 597 million yen. The progress rate toward the full-year plan of 830 million yen was 71.9%, also falling below the five-year average of 83.9%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to expand 64.1% from the same period last year, reaching 233 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 298 million yen, a 4.2% decrease compared to the same period last year. The operating profit margin decreased from 10.5% in the same period last year to 10.1%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 7,270 554 586 275 73.3 87.7 Feb 3, 2023 J-GAAP
Apr - Dec, 2023 7,552 551 688 494 131.3 82.9 Feb 13, 2024 J-GAAP
Apr - Dec, 2024 7,551 539 597 306 82.2 71.9 Feb 3, 2025 J-GAAP
YoY 0.0% -2.2% -13.2% -38.1% -37.3%

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 5,236 396 453 344 91.4 15 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 5,556 482 531 274 78.6 15 Nov 5, 2024 J-GAAP
YoY +6.1% +21.7% +17.2% -20.3% -14.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 9,562 623 668 149 39.8 30 May 11, 2023 J-GAAP
Mar, 2024 10,035 658 830 579 153.9 30 May 13, 2024 J-GAAP
Mar, 2025 Guidance 10,430 750 830 400 114.8 30 May 13, 2024 J-GAAP
YoY +3.9% +14.0% 0.0% -30.9% -25.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 2,753 289 311 259 68.8 10.5 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 2,483 107 142 85 22.6 4.3 May 13, 2024 J-GAAP
Apr - Jun, 2024 2,399 142 151 50 13.3 5.9 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 2,475 126 148 76 20.3 5.1 Nov 5, 2024 J-GAAP
Oct - Dec, 2024 2,677 271 298 180 48.4 10.1 Feb 3, 2025 J-GAAP
YoY -2.8% -6.2% -4.2% -30.5% -29.7%

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