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BEING HOLDINGS, First Half Ordinary Profit Increases by 29%, Revises Dividend Forecast in Conjunction with Stock Split
9145 BEING HOLDINGS CO., LTD. 【J-GAAP】
Earnings ReportBEING HOLDINGS CO., LTD. <9145> [TSE Std] announced its financial results in the afternoon session on August 14th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 29.2% from the same period last year, reaching 1.19 billion yen, exceeded the previous forecast of 1.00 billion yen.
Progress toward the full-year plan of 2.50 billion yen was 47.6%, exceeding the five-year average of 39.7%.
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 July to December period (second half) is expected to decrease 1.9% from the same period last year to 1.31 billion yen.
At the same time, due to a planned 4-for-1 forward stock split is scheduled for September 30, the annual dividend for the current fiscal year has been revised from the original plan of 48 yen to 25.5 yen (equivalent to 48 yen before the forward stock split), but the actual dividend remains unchanged.
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit grew 5.3% from the same period last year, reaching 0.62 billion yen. However, the operating profit margin remained almost flat, changing from 7.8% in the same period last year to 7.5%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 12,307 | 752 | 758 | 433 | 18.4 | 41.7 | Aug 14, 2023 | J-GAAP |
| Jan - Jun, 2024 | 14,446 | 918 | 921 | 547 | 23.0 | 40.8 | Aug 14, 2024 | J-GAAP |
| Jan - Jun, 2025 | 15,820 | 1,169 | 1,190 | 714 | 29.6 | 47.6 | Aug 14, 2025 | J-GAAP |
| YoY | +9.5% | +27.3% | +29.2% | +30.5% | +29.2% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 15,500 | 1,050 | 1,000 | 550 | 22.8 | 4.50 | Feb 13, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 15,820 | 1,169 | 1,190 | 714 | 29.6 | 4.50 | Aug 14, 2025 | J-GAAP |
| Revision Rate | +2.1% | +11.3% | +19.0% | +29.8% | +29.9% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 33,300 | 2,500 | 2,500 | 1,500 | 62.2 | 12 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 New | 33,300 | 2,500 | 2,500 | 1,500 | 62.2 | 12 | Aug 14, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 15,744 | 1,325 | 1,336 | 827 | 34.6 | 11 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 17,480 | 1,331 | 1,310 | 786 | 32.6 | 7.50 | Aug 14, 2025 | J-GAAP |
| YoY | +11.0% | +0.5% | -1.9% | -5.0% | -5.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 26,322 | 1,796 | 1,817 | 1,123 | 47.6 | 8.50 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 30,190 | 2,243 | 2,257 | 1,374 | 57.5 | 11 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 33,300 | 2,500 | 2,500 | 1,500 | 62.2 | 12 | Aug 14, 2025 | J-GAAP |
| YoY | +10.3% | +11.5% | +10.8% | +9.2% | +8.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 7,513 | 586 | 589 | 372 | 15.6 | 7.8 | Aug 14, 2024 | J-GAAP |
| Jul - Sep, 2024 | 7,732 | 570 | 584 | 363 | 15.2 | 7.4 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 8,012 | 755 | 752 | 464 | 19.4 | 9.4 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 7,551 | 545 | 570 | 329 | 13.7 | 7.2 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,269 | 624 | 620 | 385 | 16.0 | 7.5 | Aug 14, 2025 | J-GAAP |
| YoY | +10.1% | +6.5% | +5.3% | +3.5% | +2.4% |
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