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ENOMOTO CO.,LTD, First Half Ordinary Profit Increases by 92%, July-September Ordinary Profit Increases by 8.2 times

Fri Nov 8, 2024 4:00 pm JST Earnings

6928 ENOMOTO CO.,LTD 【J-GAAP】

Earnings Report

ENOMOTO CO.,LTD <6928> [TSE-P] announced its financial results after the market closed on November 8th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 364 million yen, an increase of 91.6% compared to the same period last year. The progress rate against the 600 million yen full-year plan was 60.7%, also surpassing the five-year average of 50.0%.

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 surge by 2.3 times that of the same period last year, reaching 236 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 8.2 times that of the same period last year, reaching 229 million yen. The operating profit margin significantly improved from 0.1% in the same period last year to 3.7%.

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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 14,650 938 1,127 778 116.6 62.4 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 13,020 137 190 87 13.1 65.3 Oct 30, 2023 J-GAAP
Apr - Sep, 2024 13,419 358 364 270 40.5 60.7 Nov 8, 2024 J-GAAP
YoY +3.1% +161.3% +91.6% +210.3% +208.8%

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 35 May 13, 2024 J-GAAP
Apr - Sep, 2024 Results 13,419 358 364 270 40.5 35 Nov 8, 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 12,224 23 101 34 5.1 35 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 12,081 242 236 180 28.3 36 Nov 8, 2024 J-GAAP
YoY -1.2% +952.2% +133.7% +429.4% +453.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 29,265 1,561 1,805 1,269 190.0 60 May 9, 2023 J-GAAP
Mar, 2024 25,244 160 291 121 18.2 70 May 13, 2024 J-GAAP
Mar, 2025 Guidance 25,500 600 600 450 70.6 71 May 13, 2024 J-GAAP
YoY +1.0% +275.0% +106.2% +271.9% +288.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 6,594 5 28 -9 -1.4 0.1 Oct 30, 2023 J-GAAP
Oct - Dec, 2023 6,170 103 89 30 4.5 1.7 Feb 5, 2024 J-GAAP
Jan - Mar, 2024 6,054 -80 12 4 0.6 -1.3 May 13, 2024 J-GAAP
Apr - Jun, 2024 6,506 104 135 47 7.0 1.6 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 6,913 254 229 223 33.4 3.7 Nov 8, 2024 J-GAAP
YoY +4.8% +4,980.0% +717.9%

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