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RIKEI, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 30% Increase

Mon Feb 10, 2025 3:30 pm JST Earnings

8226 RIKEI CORPORATION 【J-GAAP】

Earnings Report

RIKEI CORPORATION <8226> [TSE Std] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) surged 11 times that of the same period last year, reaching 516 million yen.

In addition, the full-year consolidated ordinary profit has been revised upward 45.7%, from the previous forecast of 460 million yen to 670 million yen (compared to 516 million yen in the previous period), turning to a 29.8% increase in the consolidated ordinary profit outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has been revised upward 3.6 times, from the previous forecast of 80 million yen to 290 million yen (compared to 548 million yen in the same period of the previous year), and the declining rate is expected to decrease from 85.4% to 47.1%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 70.0% from the same period last year, reaching 136 million yen. The operating profit margin improved from 2.8% in the same period last year to 3.2%.

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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 7,186 -18 -19 -185 -12.2 ー Feb 8, 2023 J-GAAP
Apr - Dec, 2023 7,639 52 48 -39 -2.6 9.3 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 13,803 542 516 213 14.1 77.0 Feb 10, 2025 J-GAAP
YoY +80.7% +942.3% +975.0% － －

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 5,762 64 80 123 8.1 5 Nov 11, 2024 J-GAAP
Oct - Mar, 2024 New 8,582 364 290 183 12.1 5 Feb 10, 2025 J-GAAP
Revision Rate +48.9% +468.8% +262.5% +48.8% +48.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 15,380 470 460 290 19.2 5 May 13, 2024 J-GAAP
Mar, 2025 New 18,200 770 670 350 23.2 5 Feb 10, 2025 J-GAAP
Revision Rate +18.3% +63.8% +45.7% +20.7% +20.7%

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 7,170 591 548 456 30.2 5 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 8,582 364 290 183 12.1 5 Feb 10, 2025 J-GAAP
YoY +19.7% -38.4% -47.1% -59.9% -60.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 10,285 219 220 66 4.4 3 May 12, 2023 J-GAAP
Mar, 2024 12,131 568 516 382 25.3 5 May 13, 2024 J-GAAP
Mar, 2025 Guidance 18,200 770 670 350 23.2 5 Feb 10, 2025 J-GAAP
YoY +50.0% +35.6% +29.8% -8.4% -8.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 2,678 75 80 35 2.4 2.8 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 4,492 516 468 421 27.9 11.5 May 13, 2024 J-GAAP
Apr - Jun, 2024 5,293 147 145 11 0.8 2.8 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 4,325 259 235 156 10.4 6.0 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 4,185 136 136 46 3.1 3.2 Feb 10, 2025 J-GAAP
YoY +56.3% +81.3% +70.0% +31.4% +29.8%

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