kabutan

HOKKAIDO CHUO BUS, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 23% Increase

Thu Feb 13, 2025 2:30 pm JST Earnings

9085 HOKKAIDO CHUO BUS CO., LTD. 【J-GAAP】

Earnings Report

HOKKAIDO CHUO BUS CO., LTD. <9085> [SSE] announced its financial results in the afternoon session on February 13th (14:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 0.54 billion yen (compared to a loss of 0 billion yen in the same period last year).

In addition, the full-year consolidated ordinary profit has been revised upward 2.1 times, from the previous forecast of 0.85 billion yen to 1.8 billion yen (compared to 1.46 billion yen in the previous period), turning to a 23.0% 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) is expected to increase 86.7%, from the previous forecast of 1.09 billion yen to 2.04 billion yen (compared to 1.76 billion yen in the same period of the previous year), turning to a 15.7% increase in the consolidated ordinary profit outlook.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 2.6 times that of the same period last year, reaching 0.79 billion yen. The operating profit margin significantly improved from 2.9% in the same period last year to 7.6%.

Kabutan News

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 23,965 -566 -312 -289 -110.5 ー Feb 13, 2023 J-GAAP
Apr - Dec, 2023 24,173 -215 -1 -212 -81.1 ー Feb 13, 2024 J-GAAP
Apr - Dec, 2024 25,684 306 548 139 53.2 30.4 Feb 13, 2025 J-GAAP
YoY +6.3% － － － －

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 19,749 1,133 1,096 840 321.1 － Nov 13, 2024 J-GAAP
Oct - Mar, 2024 New 19,499 1,933 2,046 1,490 569.5 － Feb 13, 2025 J-GAAP
Revision Rate -1.3% +70.6% +86.7% +77.4% +77.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 35,650 700 850 450 172.0 － May 15, 2024 J-GAAP
Mar, 2025 New 35,400 1,500 1,800 1,100 420.4 － Feb 13, 2025 J-GAAP
Revision Rate -0.7% +114.3% +111.8% +144.4% +144.4%

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 18,434 1,641 1,769 1,493 570.7 40 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 19,499 1,933 2,046 1,490 569.5 － Feb 13, 2025 J-GAAP
YoY +5.8% +17.8% +15.7% -0.2% -0.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 33,442 488 785 586 224.1 40 May 15, 2023 J-GAAP
Mar, 2024 33,838 1,169 1,463 941 359.7 40 May 15, 2024 J-GAAP
Mar, 2025 Guidance 35,400 1,500 1,800 1,100 420.4 － Feb 13, 2025 J-GAAP
YoY +4.6% +28.3% +23.0% +16.9% +16.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 8,769 257 305 340 130.1 2.9 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 9,665 1,384 1,464 1,153 440.8 14.3 May 15, 2024 J-GAAP
Apr - Jun, 2024 7,038 -456 -368 -459 -175.4 -6.5 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 8,863 23 122 69 26.4 0.3 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 9,783 739 794 529 202.4 7.6 Feb 13, 2025 J-GAAP
YoY +11.6% +187.5% +160.3% +55.6% +55.5%

Related Articles