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eGuarantee,Inc., First Half Ordinary Profit Increases by 3%, July-September Ordinary Profit Increases by 5%

Thu Nov 7, 2024 4:00 pm JST Earnings

8771 eGuarantee,Inc. 【J-GAAP】

Earnings Report

eGuarantee,Inc. <8771> [TSE-P] announced its financial results after the market closed on November 7th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 3.3% from the same period last year, reaching 2.43 billion yen. However, The progress rate against the 5.2 billion yen full-year plan was 46.9%, almost the same as the five-year average of 48.2%.

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 8.7% from the same period last year, reaching 2.76 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 5.0% from the same period last year, reaching 1.25 billion yen. However, the operating profit margin decreased from 53.0% in the same period last year to 49.0%.

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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 4,150 2,017 2,054 1,402 29.8 48.5 Oct 28, 2022 J-GAAP
Apr - Sep, 2023 4,501 2,348 2,360 1,555 32.7 48.1 Oct 30, 2023 J-GAAP
Apr - Sep, 2024 4,878 2,380 2,438 1,636 34.3 46.9 Nov 7, 2024 J-GAAP
YoY +8.4% +1.4% +3.3% +5.2% +4.8%

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 4,800 2,380 2,400 1,600 33.5 0 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 4,878 2,380 2,438 1,636 34.3 0 Nov 7, 2024 J-GAAP
Revision Rate +1.6% 0.0% +1.6% +2.3% +2.4%

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 4,664 2,502 2,542 1,707 35.9 35 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 5,222 2,720 2,762 1,814 37.9 37 Nov 7, 2024 J-GAAP
YoY +12.0% +8.7% +8.7% +6.3% +5.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 8,494 4,150 4,231 2,864 60.7 34 May 12, 2023 J-GAAP
Mar, 2024 9,165 4,850 4,902 3,262 68.6 35 May 15, 2024 J-GAAP
Mar, 2025 Guidance 10,100 5,100 5,200 3,450 72.1 37 May 15, 2024 J-GAAP
YoY +10.2% +5.2% +6.1% +5.8% +5.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 2,261 1,198 1,191 784 16.5 53.0 Oct 30, 2023 J-GAAP
Oct - Dec, 2023 2,320 1,283 1,292 853 18.0 55.3 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 2,344 1,219 1,250 854 18.0 52.0 May 15, 2024 J-GAAP
Apr - Jun, 2024 2,406 1,168 1,187 779 16.3 48.5 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 2,472 1,212 1,251 857 18.0 49.0 Nov 7, 2024 J-GAAP
YoY +9.3% +1.2% +5.0% +9.3% +8.9%

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