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TWOSTONE&Sons, Inc, Last Fiscal Year Ordinary Profit Revised Upward by 26%, Adds to Record High Profit Forecast

Mon Oct 7, 2024 2:00 pm JST Revision

7352 TWOSTONE&Sons Inc. 【J-GAAP】

Guidance Update Report

TWOSTONE&Sons, Inc <7352> [TSE-G] announced a performance revision in the afternoon session on October 7th (14:00). The consolidated ordinary profit for the fiscal year ending August 2024 has been revised upward by 25.7%, from the previous forecast of 350 million yen to 440 million yen (compared to 313 million yen in the previous period), increasing the growth rate from 11.8% to 40.6%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the March to August period (second half) consolidated ordinary profit is expected to increase by 31.6%, from the previous forecast of 285 million yen to 375 million yen (compared to 174 million yen in the same period of the previous year), increasing the growth rate from 63.8% to 2.2 times.

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Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2024 Prev 7,516 293 285 146 3.4 0.50 Aug 16, 2024 J-GAAP
Mar - Aug, 2024 New 7,710 403 375 167 3.9 0.50 Oct 7, 2024 J-GAAP
Revision Rate +2.6% +37.5% +31.6% +14.4% +16.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2024 Prev 14,006 360 350 159 3.7 0.50 Aug 16, 2024 J-GAAP
Aug, 2024 New 14,200 470 440 180 4.2 0.50 Oct 7, 2024 J-GAAP
Revision Rate +1.4% +30.6% +25.7% +13.2% +15.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2023 5,471 179 174 73 1.7 0.50 Oct 13, 2023 J-GAAP
Mar - Aug, 2024 Guidance 7,710 403 375 167 3.9 0.50 Oct 7, 2024 J-GAAP
YoY +40.9% +125.1% +115.5% +128.8% +125.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2022 6,870 195 200 134 3.2 0.50 Oct 14, 2022 J-GAAP
Aug, 2023 10,056 319 313 170 4.1 0.50 Oct 13, 2023 J-GAAP
Aug, 2024 Guidance 14,200 470 440 180 4.2 0.50 Oct 7, 2024 J-GAAP
YoY +41.2% +47.3% +40.6% +5.9% +4.4%

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