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Chuo Gyorui Co., Ltd., First Half Ordinary Profit Increases by 70%, July-September Ordinary Profit Increases by 67%

Thu Oct 31, 2024 4:00 pm JST Earnings

8030 Chuo Gyorui Co., Ltd. 【J-GAAP】

Earnings Report

Chuo Gyorui Co., Ltd. <8030> [TSE-S] announced its financial results after the market closed on October 31st (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 2.24 billion yen, an increase of 69.6% compared to the same period last year. The progress rate against the 2.8 billion yen full-year plan was 80.2%, 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 significant drop by 55.8% from the same period last year to 554 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 67.1% from the same period last year, reaching 926 million yen. The operating profit margin improved from 1.8% in the same period last year to 2.6%.

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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 65,361 1,264 1,388 898 224.9 65.3 Oct 28, 2022 J-GAAP
Apr - Sep, 2023 64,313 1,191 1,324 1,161 290.7 51.4 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 73,012 2,079 2,246 1,438 360.0 80.2 Oct 31, 2024 J-GAAP
YoY +13.5% +74.6% +69.6% +23.9% +23.8%

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 ー ー ー ー － － May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 73,012 2,079 2,246 1,438 360.0 － Oct 31, 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 73,275 1,274 1,252 973 243.7 80 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 63,688 421 554 562 140.7 90 Oct 31, 2024 J-GAAP
YoY -13.1% -67.0% -55.8% -42.2% -42.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 137,482 2,014 2,127 1,387 347.4 70 May 15, 2023 J-GAAP
Mar, 2024 137,588 2,465 2,576 2,134 534.4 80 May 14, 2024 J-GAAP
Mar, 2025 Guidance 136,700 2,500 2,800 2,000 500.7 90 May 14, 2024 J-GAAP
YoY -0.6% +1.4% +8.7% -6.3% -6.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 31,752 567 554 690 172.8 1.8 Oct 31, 2023 J-GAAP
Oct - Dec, 2023 42,463 888 962 597 149.5 2.1 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 30,812 386 290 376 94.2 1.3 May 14, 2024 J-GAAP
Apr - Jun, 2024 36,563 1,123 1,320 791 198.2 3.1 Jul 30, 2024 J-GAAP
Jul - Sep, 2024 36,449 956 926 647 162.0 2.6 Oct 31, 2024 J-GAAP
YoY +14.8% +68.6% +67.1% -6.2% -6.2%

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