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Cookbiz Co.,Ltd., December-August (Third Quarter Cumulative) Ordinary Profit Decreases by 41%, June-Augus Ordinary Profit Turns to Loss

Fri Oct 11, 2024 3:00 pm JST Earnings

6558 Cookbiz Co.,Ltd. 【J-GAAP】

Earnings Report

Cookbiz Co.,Ltd. <6558> [TSE-G] announced its financial results after the market closed on October 11th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) dropped by 41.0% from the same period last year to 111 million yen. The progress rate against the 343 million yen full-year plan was 32.4%, also falling below the five-year average of 76.0%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to November period (4Q) is expected to surge by 2.3 times that of the same period last year, reaching 232 million yen.

In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit/loss turned to a loss of 1 million yen (compared to a profit of 26 million yen in the same period last year). The operating profit margin drastically worsened from 4.2% in the same period last year to 0.1%.

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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
Dec - Aug, 2021 1,127 157 153 162 61.3 91.1 Oct 14, 2022 J-GAAP
Dec - Aug, 2022 1,991 189 188 162 58.9 65.5 Oct 13, 2023 J-GAAP
Dec - Aug, 2023 2,568 118 111 54 19.7 32.4 Oct 11, 2024 J-GAAP
YoY +29.0% -37.6% -41.0% -66.7% -66.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2023 1,369 130 125 124 45.0 0 Jan 12, 2024 J-GAAP
Jun - Nov, 2024 Guidance 1,792 234 231 309 110.8 － Jul 12, 2024 J-GAAP
YoY +30.9% +80.0% +84.8% +149.2% +146.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2022 1,502 173 168 161 60.9 0 Jan 13, 2023 J-GAAP
Nov, 2023 2,665 290 287 267 96.8 0 Jan 12, 2024 J-GAAP
Nov, 2024 Guidance 3,500 351 343 390 139.9 － Jul 12, 2024 J-GAAP
YoY +31.3% +21.0% +19.5% +46.1% +44.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 695 29 26 19 6.9 4.2 Oct 13, 2023 J-GAAP
Sep - Nov, 2023 674 101 99 105 38.1 15.0 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 899 96 93 65 23.4 10.7 Apr 12, 2024 J-GAAP
Mar - May, 2024 809 21 19 16 5.8 2.6 Jul 12, 2024 J-GAAP
Jun - Aug, 2024 860 1 -1 -27 -9.8 0.1 Oct 11, 2024 J-GAAP
YoY +23.7% -96.6% － － －

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