kabutan

AIN HOLDINGS, First Half Ordinary Profit Decreases by 32%, August-October Ordinary Profit Decreases by 38%

Fri Dec 6, 2024 3:30 pm JST Earnings

9627 AIN HOLDINGS INC. 【J-GAAP】

Earnings Report

AIN HOLDINGS INC. <9627> [TSE Prime] announced its financial results after the market closed on December 6th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending April 2025 (May to October) dropped 32.1% from the same period last year to 6.33 billion yen. The progress rate against the 20 billion yen full-year plan was 31.7%, also falling below the five-year average of 42.5%.

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 November to April period (second half) is expected to grow 13.5% from the same period last year, reaching 13.6 billion yen.

In the most recent three-month period, from August to October (2Q), the consolidated ordinary profit dropped to 3.36 billion yen, a 38.3% decrease compared to the same period last year. The operating profit margin worsened from 5.2% in the same period last year to 2.8%.

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
May - Oct, 2022 171,204 6,786 7,285 3,805 108.3 42.7 Dec 2, 2022 J-GAAP
May - Oct, 2023 193,727 8,749 9,338 5,257 149.7 43.7 Dec 6, 2023 J-GAAP
May - Oct, 2024 214,860 5,872 6,338 3,212 91.8 31.7 Dec 6, 2024 J-GAAP
YoY +10.9% -32.9% -32.1% -38.9% -38.7%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2024 Guidance 213,670 6,770 7,150 3,800 108.5 0 Sep 4, 2024 J-GAAP
May - Oct, 2024 Results 214,860 5,872 6,338 3,212 91.8 0 Dec 6, 2024 J-GAAP
Revision Rate +0.6% -13.3% -11.4% -15.5% -15.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov - Apr, 2023 206,097 11,683 12,039 6,144 175.0 80 Jun 6, 2024 J-GAAP
Nov - Apr, 2024 Guidance 238,640 13,488 13,662 6,788 193.6 80 Dec 6, 2024 J-GAAP
YoY +15.8% +15.4% +13.5% +10.5% +10.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr, 2023 358,742 16,004 17,064 9,234 262.9 60 Jun 2, 2023 J-GAAP
Apr, 2024 399,824 20,432 21,377 11,401 324.6 80 Jun 6, 2024 J-GAAP
Apr, 2025 Guidance 453,500 19,360 20,000 10,000 285.2 80 Sep 4, 2024 J-GAAP
YoY +13.4% -5.2% -6.4% -12.3% -12.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Aug - Oct, 2023 99,073 5,139 5,457 3,117 88.7 5.2 Dec 6, 2023 J-GAAP
Nov - Jan, 2023 102,633 5,556 5,712 3,473 98.9 5.4 Mar 1, 2024 J-GAAP
Feb - Apr, 2024 103,464 6,127 6,327 2,671 76.1 5.9 Jun 6, 2024 J-GAAP
May - Jul, 2024 103,603 2,757 2,969 1,642 46.9 2.7 Sep 4, 2024 J-GAAP
Aug - Oct, 2024 111,257 3,115 3,369 1,570 44.9 2.8 Dec 6, 2024 J-GAAP
YoY +12.3% -39.4% -38.3% -49.6% -49.5%

Related Articles