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SHIBUYA, Jul-Mar (Cumulative 3Q) Ordinary Profit Increases by 17%
6340 SHIBUYA CORPORATION 【J-GAAP】
Earnings ReportSHIBUYA CORPORATION <6340> [TSE Prime] announced its financial results in the afternoon session on May 9th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) increased 17.0% from the same period last year, reaching 10.6 billion yen. The progress rate toward the full-year plan of 12.8 billion yen was 83.2%, also surpassing the five-year average of 68.8%.
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 April to June period (4Q) is expected to significant drop 51.7% from the same period last year to 2.15 billion yen.
In the most recent three-month period, from January to March (3Q), the consolidated ordinary profit decreased to 3.26 billion yen, a 23.7% decrease compared to the same period last year. The operating profit margin decreased from 14.5% in the same period last year to 10.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Mar, 2022 | 67,398 | 5,715 | 5,729 | 4,159 | 150.4 | 70.1 | May 12, 2023 | J-GAAP |
| Jul - Mar, 2023 | 80,219 | 9,055 | 9,094 | 6,549 | 236.7 | 67.1 | May 10, 2024 | J-GAAP |
| Jul - Mar, 2024 | 93,972 | 10,667 | 10,644 | 7,612 | 275.1 | 83.2 | May 9, 2025 | J-GAAP |
| YoY | +17.1% | +17.8% | +17.0% | +16.2% | +16.2% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2024 | 64,041 | 8,500 | 8,736 | 6,372 | 230.3 | 60 | Aug 9, 2024 | J-GAAP |
| Jan - Jun, 2025 Guidance | 64,492 | 5,227 | 5,416 | 4,100 | 148.2 | 45 | Feb 12, 2025 | J-GAAP |
| YoY | +0.7% | -38.5% | -38.0% | -35.7% | -35.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2023 | 97,842 | 8,039 | 8,171 | 5,928 | 214.3 | 70 | Aug 10, 2023 | J-GAAP |
| Jun, 2024 | 115,434 | 13,382 | 13,559 | 9,781 | 353.5 | 90 | Aug 9, 2024 | J-GAAP |
| Jun, 2025 Guidance | 127,000 | 12,600 | 12,800 | 9,200 | 332.5 | 90 | Aug 9, 2024 | J-GAAP |
| YoY | +10.0% | -5.8% | -5.6% | -5.9% | -5.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 28,826 | 4,173 | 4,271 | 3,140 | 113.5 | 14.5 | May 10, 2024 | J-GAAP |
| Apr - Jun, 2024 | 35,215 | 4,327 | 4,465 | 3,232 | 116.8 | 12.3 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 28,055 | 3,470 | 3,364 | 2,316 | 83.7 | 12.4 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 34,453 | 3,903 | 4,020 | 2,784 | 100.6 | 11.3 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 31,464 | 3,294 | 3,260 | 2,512 | 90.8 | 10.5 | May 9, 2025 | J-GAAP |
| YoY | +9.2% | -21.1% | -23.7% | -20.0% | -20.0% |
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