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Mars Group Holdings Corporation, First Half Ordinary Profit Revised Upward by 12%, Adds to Record High Profit Forecast, Full Year also Increased

Mon Oct 7, 2024 5:30 pm JST Revision

6419 Mars Group Holdings Corporation 【J-GAAP】

Guidance Update Report

Mars Group Holdings Corporation <6419> [TSE-P] announced a performance revision after the market closed on October 7th (17:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 11.6%, from the previous forecast of 7.44 billion yen to 8.3 billion yen (compared to 6.3 billion yen in the same period of the previous year), increasing the growth rate from 17.9% to 31.6%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Following the strong performance in the first half, the full-year consolidated ordinary profit has been revised upward by 4.6%, from the previous forecast of 12.5 billion yen to 13.1 billion yen (compared to 12.5 billion yen in the previous period), increasing the growth rate from 0.2% to 4.8%, further surpassing the previous forecast of record-high profits for two consecutive terms. However, the full-year consolidated net income has downwardly by 4.7%, from the previous forecast of 8.6 billion yen to 8.2 billion yen (compared to 8.58 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 4.5% decrease in profit.

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Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Prev 20,700 7,040 7,440 5,040 273.1 120 May 14, 2024 J-GAAP
Apr - Sep, 2024 New 25,500 7,800 8,300 5,000 270.9 120 Oct 7, 2024 J-GAAP
Revision Rate +23.2% +10.8% +11.6% -0.8% -0.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 37,000 11,700 12,520 8,600 466.3 195 May 14, 2024 J-GAAP
Mar, 2025 New 41,800 12,200 13,100 8,200 444.6 195 Oct 7, 2024 J-GAAP
Revision Rate +13.0% +4.3% +4.6% -4.7% -4.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 17,349 5,826 6,308 4,356 260.7 60 Oct 30, 2023 J-GAAP
Apr - Sep, 2024 Guidance 25,500 7,800 8,300 5,000 270.9 120 Oct 7, 2024 J-GAAP
YoY +47.0% +33.9% +31.6% +14.8% +3.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 20,346 4,126 4,730 3,144 190.2 70 May 15, 2023 J-GAAP
Mar, 2024 36,575 11,694 12,500 8,585 499.9 150 May 14, 2024 J-GAAP
Mar, 2025 Guidance 41,800 12,200 13,100 8,200 444.6 195 Oct 7, 2024 J-GAAP
YoY +14.3% +4.3% +4.8% -4.5% -11.1%

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