kabutan

Sportsfield Co., Ltd., January-September (Third Quarter Cumulative) Ordinary Profit Decreases by 9%, July-September Ordinary Profit Decreases by 4%

Tue Nov 12, 2024 4:00 pm JST Earnings

7080 Sportsfield Co., Ltd. 【J-GAAP】

Earnings Report

Sportsfield Co., Ltd. <7080> [TSE-G] announced its financial results after the market closed on November 12th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) decreased by 8.7% from the same period last year to 650 million yen. The progress rate against the 902 million yen full-year plan was 72.1%, also falling below the same period of the previous year of 81.9%.

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 October to December period (4Q) is expected to expand by 60.5% from the same period last year, reaching 252 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 82 million yen, a 3.5% decrease compared to the same period last year. The operating profit margin decreased from 12.2% in the same period last year to 10.5%.

Kabutan News

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
Jan - Sep, 2022 2,246 604 602 389 54.1 95.0 Nov 14, 2022 J-GAAP
Jan - Sep, 2023 2,589 713 712 460 63.6 81.9 Nov 13, 2023 J-GAAP
Jan - Sep, 2024 2,848 651 650 414 56.4 72.1 Nov 12, 2024 J-GAAP
YoY +10.0% -8.7% -8.7% -10.0% -11.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 1,528 241 242 201 27.7 16.50 Feb 13, 2024 J-GAAP
Jul - Dec, 2024 Guidance 1,694 335 334 223 30.6 16 Aug 9, 2024 J-GAAP
YoY +10.9% +39.0% +38.0% +10.9% +10.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 2,866 637 634 412 57.2 0 Feb 13, 2023 J-GAAP
Dec, 2023 3,418 869 869 608 83.7 16.50 Feb 13, 2024 J-GAAP
Dec, 2024 Guidance 3,749 903 902 586 80.4 16 Feb 13, 2024 J-GAAP
YoY +9.7% +3.9% +3.8% -3.6% -4.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 699 85 85 53 7.3 12.2 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 829 156 157 148 20.4 18.8 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 1,102 402 402 258 35.1 36.5 May 13, 2024 J-GAAP
Apr - Jun, 2024 953 166 166 105 14.3 17.4 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 793 83 82 51 6.9 10.5 Nov 12, 2024 J-GAAP
YoY +13.4% -2.4% -3.5% -3.8% -5.3%

Related Articles