kabutan

BSN MEDIA HOLDINGS, INC., July-September (2Q) Ordinary Profit Decreases by 49%

Wed Nov 13, 2024 3:40 pm JST Earnings

9408 BSN MEDIA HOLDINGS, INC. 【J-GAAP】

Earnings Report

BSN MEDIA HOLDINGS, INC. <9408> [TSE-S] announced its financial results after the market closed on November 13th (15:40). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 4.1% from the same period last year, reaching 555 million yen. The progress rate against the 1.42 billion yen full-year plan was 38.9%, exceeding the five-year average of 33.3%.

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 decrease by 12.5% from the same period last year to 870 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 159 million yen, a 48.9% decrease compared to the same period last year. The operating profit margin worsened from 5.4% in the same period last year to 2.5%.

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 9,810 493 559 299 50.0 30.2 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 10,147 452 533 263 44.0 34.9 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 10,220 456 555 271 45.3 38.9 Nov 13, 2024 J-GAAP
YoY +0.7% +0.9% +4.1% +3.0% +2.9%

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 － 7 May 13, 2024 J-GAAP
Apr - Sep, 2024 Results 10,220 456 555 271 45.3 7 Nov 13, 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 12,894 889 994 431 71.9 5 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 12,546 908 870 423 70.5 7 Nov 13, 2024 J-GAAP
YoY -2.7% +2.1% -12.5% -1.9% -1.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 23,120 1,671 1,852 958 159.8 10 May 11, 2023 J-GAAP
Mar, 2024 23,041 1,341 1,527 694 115.7 10 May 13, 2024 J-GAAP
Mar, 2025 Guidance 22,766 1,364 1,425 694 115.7 14 May 13, 2024 J-GAAP
YoY -1.2% +1.7% -6.7% 0.0% 0.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 5,310 285 311 150 25.1 5.4 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 5,676 387 427 210 35.0 6.8 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 7,218 502 567 221 36.9 7.0 May 13, 2024 J-GAAP
Apr - Jun, 2024 5,004 323 396 200 33.5 6.5 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 5,216 133 159 71 11.9 2.5 Nov 13, 2024 J-GAAP
YoY -1.8% -53.3% -48.9% -52.7% -52.7%

Related Articles