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LAND BUSINESS CO.,LTD., The Current Fiscal Year's Ordinary Loss to Narrow

Thu Nov 14, 2024 6:40 pm JST Earnings

8944 LAND BUSINESS CO.,LTD. 【J-GAAP】

Earnings Report

LAND BUSINESS CO.,LTD. <8944> [TSE-S] announced its financial results after the market closed on November 14th (18:40). The consolidated ordinary loss for the fiscal year ending September 2024 expanded to a loss of 1.96 billion yen (compared to a loss of 472 million yen in the previous period), but it is expected to shrink to loss of 1.2 billion yen for the fiscal year ending September 2025. This will mark the fourth consecutive term of losses.

In the most recent three-month period, from July to September (4Q), the consolidated ordinary loss expanded to a loss of 815 million yen (compared to a loss of 211 million yen in the same period last year). The operating profit/loss margin drastically worsened from -9.7% in the same period last year to -22.2%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2022 4,645 305 -146 266 13.5 6 Nov 10, 2022 J-GAAP
Sep, 2023 4,490 -42 -472 349 17.6 6 Nov 13, 2023 J-GAAP
Sep, 2024 9,975 -1,551 -1,963 -2,099 -105.8 6 Nov 14, 2024 J-GAAP
YoY +122.2% -3,592.9% -315.9%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2024 Guidance 10,813 -1,116 -1,480 -604 -30.4 6 May 14, 2024 J-GAAP
Sep, 2024 Results 9,975 -1,551 -1,963 -2,099 -105.8 6 Nov 14, 2024 J-GAAP
Revision Rate -7.7% -39.0% -32.6% -247.5% -247.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 3,689 -579 -772 -42 -2.1 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 0 Nov 14, 2024 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2023 4,490 -42 -472 349 17.6 6 Nov 13, 2023 J-GAAP
Sep, 2024 9,975 -1,551 -1,963 -2,099 -105.8 6 Nov 14, 2024 J-GAAP
Sep, 2025 Guidance 15,665 -755 -1,205 -1,325 -66.8 6 Nov 14, 2024 J-GAAP
YoY +57.0% +51.3% +38.6% +36.9% +36.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,105 -107 -211 -116 -5.9 -9.7 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 1,212 -204 -308 279 14.1 -16.8 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 2,477 -375 -464 -321 -16.4 -15.1 May 14, 2024 J-GAAP
Apr - Jun, 2024 3,158 -297 -396 -291 -14.7 -9.4 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 3,128 -675 -795 -1,766 -89.0 -21.6 Nov 14, 2024 J-GAAP
YoY +183.1% -530.8% -276.8% -1,422.4% -1,421.2%

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