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COLOWIDE, Apr-Dec (Cumulative 3Q) Net Income Decreases by 23%, Exceeds Full-Year Plan

Fri Feb 7, 2025 3:30 pm JST Earnings

7616 COLOWIDE CO.,LTD. 【IFRS】

Earnings Report

COLOWIDE CO.,LTD. <7616> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 7th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 23.0% from the same period last year to 2.28 billion yen. However, the progress rate toward the full-year plan of 2.03 billion yen is 112.1%, already exceeding the target and also exceeding the same period of the previous year of 102.0%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net loss for the January to March period (4Q) is expected to expand to a loss of 0.24 billion yen (compared to a loss of 0.05 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated net income surged 2.9 times that of the same period last year, reaching 1.89 billion yen. The operating profit margin remained almost flat, changing from 4.8% in the same period last year to 5.0%.

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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
Apr - Dec, 2022 162,317 -1,777 -2,804 -2,328 -32.8 ー Feb 9, 2023 IFRS
Apr - Dec, 2023 179,205 7,118 5,949 2,962 28.2 91.6 Feb 8, 2024 IFRS
Apr - Dec, 2024 200,472 6,792 5,292 2,281 18.6 ー Feb 7, 2025 IFRS
YoY +11.9% -4.6% -11.0% -23.0% -33.9%

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 123,269 2,935 2,058 595 5.6 5 May 9, 2024 IFRS
Oct - Mar, 2024 Guidance 131,244 ー ー 1,649 11.5 5 Nov 8, 2024 IFRS
YoY +6.5% － － +177.1% +104.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 220,830 -6,743 -8,446 -6,801 -84.5 5 May 12, 2023 IFRS
Mar, 2024 241,284 7,117 6,498 2,905 27.5 5 May 9, 2024 IFRS
Mar, 2025 Guidance 263,443 ー ー 2,034 14.2 5 May 9, 2024 IFRS
YoY +9.2% － － -30.0% -48.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 61,190 2,936 1,509 652 6.2 4.8 Feb 8, 2024 IFRS
Jan - Mar, 2024 62,079 -1 549 -57 -0.5 0.0 May 9, 2024 IFRS
Apr - Jun, 2024 63,390 1,941 2,077 1,032 5.8 3.1 Aug 9, 2024 IFRS
Jul - Sep, 2024 68,809 1,426 -318 -647 -7.4 2.1 Nov 8, 2024 IFRS
Oct - Dec, 2024 68,273 3,425 3,533 1,896 15.5 5.0 Feb 7, 2025 IFRS
YoY +11.6% +16.7% +134.1% +190.8% +149.8%

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