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FREESIA MACROSS CORPORATION, First Half Ordinary Profit Increases by 31%, July-September Ordinary Profit Increases by 36%

Thu Nov 14, 2024 2:00 pm JST Earnings

6343 FREESIA MACROSS CORPORATION 【J-GAAP】

Earnings Report

FREESIA MACROSS CORPORATION <6343> [TSE-S] announced its financial results in the afternoon session on November 14th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 1 billion yen, an increase of 31.4% compared to the same period last year. The progress rate against the 1.5 billion yen full-year plan was 66.7%, also surpassing the five-year average of 50.1%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop by 35.9% from the same period last year to 500 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 36.1% from the same period last year, reaching 592 million yen. The operating profit margin rose from 20.0% in the same period last year to 20.8%.

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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 3,433 469 877 370 8.2 51.4 Nov 14, 2022 J-GAAP
Apr - Sep, 2023 3,343 521 761 321 7.2 49.4 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 3,412 604 1,000 523 11.6 66.7 Nov 14, 2024 J-GAAP
YoY +2.1% +15.9% +31.4% +62.9% +62.8%

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 May 20, 2024 J-GAAP
Apr - Sep, 2024 Results 3,412 604 1,000 523 11.6 Nov 14, 2024 J-GAAP
Revision Rate

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 3,377 511 780 336 7.5 0.50 May 20, 2024 J-GAAP
Oct - Mar, 2024 Guidance 3,588 296 500 77 1.7 0.50 Nov 14, 2024 J-GAAP
YoY +6.2% -42.1% -35.9% -77.1% -77.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 7,034 975 1,706 835 18.6 0.50 May 19, 2023 J-GAAP
Mar, 2024 6,720 1,032 1,541 657 14.6 0.50 May 20, 2024 J-GAAP
Mar, 2025 Guidance 7,000 900 1,500 600 13.3 0.50 May 20, 2024 J-GAAP
YoY +4.2% -12.8% -2.7% -8.7% -8.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,786 357 435 137 3.1 20.0 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 1,737 290 350 99 2.2 16.7 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,640 221 430 237 5.3 13.5 May 20, 2024 J-GAAP
Apr - Jun, 2024 1,559 219 408 276 6.2 14.0 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,853 385 592 247 5.5 20.8 Nov 14, 2024 J-GAAP
YoY +3.8% +7.8% +36.1% +80.3% +80.3%

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