kabutan

Shinkin Central Bank, July-September (2Q) Ordinary Profit Decreases by 5%

Wed Oct 30, 2024 4:00 pm JST Earnings

8421 Shinkin Central Bank 【J-GAAP】

Earnings Report

Shinkin Central Bank <8421> [TSE] announced its financial results after the market closed on October 30th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 27.6% from the same period last year, reaching 29.4 billion yen. The progress rate against the 55 billion yen full-year plan was 53.5%, it was below the five-year average of 72.2%.

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 grow by 20.8% from the same period last year, reaching 25.5 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 10.2 billion yen, a 4.7% decrease compared to the same period last year.

Kabutan News

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 154,890 ー 35,366 25,961 3,870.1 98.2 Oct 31, 2022 J-GAAP
Apr - Sep, 2023 189,202 ー 23,049 16,810 2,505.9 52.1 Oct 27, 2023 J-GAAP
Apr - Sep, 2024 219,636 ー 29,404 21,160 2,430.0 53.5 Oct 30, 2024 J-GAAP
YoY +16.1% － +27.6% +25.9% -3.0%

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 17, 2024 J-GAAP
Apr - Sep, 2024 Results 219,636 ー 29,404 21,160 2,430.0 － Oct 30, 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 238,233 ー 21,181 15,335 2,129.7 6,500 May 17, 2024 J-GAAP
Oct - Mar, 2024 Guidance ー ー 25,596 18,840 2,808.5 6,500 Oct 30, 2024 J-GAAP
YoY － － +20.8% +22.9% +31.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 373,723 ー 36,027 26,221 3,592.2 6,500 May 19, 2023 J-GAAP
Mar, 2024 427,435 ー 44,230 32,145 4,464.3 6,500 May 17, 2024 J-GAAP
Mar, 2025 Guidance ー ー 55,000 40,000 5,962.8 6,500 May 17, 2024 J-GAAP
YoY － － +24.3% +24.4% +33.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 92,932 ー 10,753 7,733 1,152.8 0.0 Oct 27, 2023 J-GAAP
Oct - Dec, 2023 118,085 ー 7,641 5,782 862.0 0.0 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 120,148 ー 13,540 9,553 1,326.7 0.0 May 17, 2024 J-GAAP
Apr - Jun, 2024 111,368 ー 19,157 13,927 1,599.3 0.0 Jul 26, 2024 J-GAAP
Jul - Sep, 2024 108,268 ー 10,247 7,233 830.6 0.0 Oct 30, 2024 J-GAAP
YoY +16.5% － -4.7% -6.5% -27.9%

Related Articles