kabutan

JAPAN LOGISTIC SYSTEMS CORP., July-September (2Q) Ordinary Profit Increases by 58%

Thu Nov 14, 2024 4:00 pm JST Earnings

9060 JAPAN LOGISTIC SYSTEMS CORP. 【J-GAAP】

Earnings Report

JAPAN LOGISTIC SYSTEMS CORP. <9060> [TSE-S] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 26.1% from the same period last year to 326 million yen. The progress rate against the 1 billion yen full-year plan was 32.6%, also falling below the five-year average of 38.9%.

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 21.7% from the same period last year, reaching 674 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 57.9% from the same period last year, reaching 199 million yen. The operating profit margin improved from 0.9% in the same period last year to 1.2%.

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 30,532 388 362 172 126.4 36.5 Nov 14, 2022 J-GAAP
Apr - Sep, 2023 31,234 468 441 214 156.5 44.3 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 31,989 348 326 202 149.5 32.6 Nov 14, 2024 J-GAAP
YoY +2.4% -25.6% -26.1% -5.6% -4.5%

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 － 40 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 31,989 348 326 202 149.5 40 Nov 14, 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 31,738 549 554 285 208.8 40 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 33,011 702 674 348 257.0 40 Nov 14, 2024 J-GAAP
YoY +4.0% +27.9% +21.7% +22.1% +23.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 62,477 1,041 993 523 382.6 80 May 15, 2023 J-GAAP
Mar, 2024 62,972 1,017 995 499 365.6 80 May 15, 2024 J-GAAP
Mar, 2025 Guidance 65,000 1,050 1,000 550 406.1 80 May 15, 2024 J-GAAP
YoY +3.2% +3.2% +0.5% +10.2% +11.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 15,617 139 126 55 40.2 0.9 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 16,216 385 382 124 90.9 2.4 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 15,522 164 172 161 118.0 1.1 May 15, 2024 J-GAAP
Apr - Jun, 2024 15,818 154 127 60 44.4 1.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 16,171 194 199 142 105.1 1.2 Nov 14, 2024 J-GAAP
YoY +3.5% +39.6% +57.9% +158.2% +161.3%

Related Articles