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LUCKLAND, Last Fiscal Year Ordinary Profit Revised Downward to an Unexpected 37% Decrease, Dividend Continues No Dividend Policy

Fri Feb 7, 2025 6:30 pm JST Revision

9612 LUCKLAND CO., LTD. 【J-GAAP】

Guidance Update Report

LUCKLAND CO., LTD. <9612> [TSE Prime] announced a revision to its performance and dividend after the market closed on February 7th (18:30). The consolidated ordinary profit for the fiscal year ending December 2024 has decreased 51.5%, from the previous forecast of 800 million yen to 388 million yen (compared to 612 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 36.6% decrease in profit.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (2H) consolidated ordinary profit/loss has been revised downward from an expected loss of 447 million yen to a loss of 859 million yen (compared to a profit of 251 million yen in the same period of the previous year), indicating an expansion in the loss margin.

At the same time, the plan to pay a year-end lump-sum dividend of 15 yen has been abandoned, and the policy has been set to continue with no dividends.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Prev 20,354 -311 -447 15 Aug 14, 2024 J-GAAP
Jul - Dec, 2024 New 23,013 -878 -859 -546 -53.1 0 Feb 7, 2025 J-GAAP
Revision Rate +13.1% -182.3% -92.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 45,000 800 800 15 Jun 14, 2024 J-GAAP
Dec, 2024 New 47,659 233 388 -479 -46.6 0 Feb 7, 2025 J-GAAP
Revision Rate +5.9% -70.9% -51.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 22,101 226 251 238 23.2 0 Jun 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 23,013 -878 -859 -546 -53.1 0 Feb 7, 2025 J-GAAP
YoY +4.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 41,027 -312 97 -168 -16.6 25 Feb 14, 2023 J-GAAP
Dec, 2023 45,116 460 612 252 24.6 0 Jun 14, 2024 J-GAAP
Dec, 2024 Guidance 47,659 233 388 -479 -46.6 0 Feb 7, 2025 J-GAAP
YoY +5.6% -49.3% -36.6%

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