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Misonoza Theatrical Corporation, First Half Ordinary Profit Turns to Loss, July-September Ordinary Profit Decreases by 93%

Thu Nov 14, 2024 3:00 pm JST Earnings

9664 Misonoza Theatrical Corporation 【J-GAAP】

Earnings Report

Misonoza Theatrical Corporation <9664> [NSE-M] announced its financial results in the afternoon session on November 14th (15:00). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a loss of 85 million yen (compared to a profit of 111 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to grow by 6.3% from the same period last year, reaching 102 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit significantly dropped to 8 million yen, a 92.9% decrease compared to the same period last year. The operating profit margin sharply declined from 13.5% in the same period last year to 1.8%.

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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 978 -80 -86 -141 -28.4 Nov 9, 2022 J-GAAP
Apr - Sep, 2023 1,717 116 111 92 18.6 53.6 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 1,454 -83 -85 -58 -11.8 Nov 14, 2024 J-GAAP
YoY -15.3%

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 May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 1,454 -83 -85 -58 -11.8 Nov 14, 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 1,893 101 96 86 17.3 0 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,076 112 102 72 14.5 0 Nov 14, 2024 J-GAAP
YoY -43.2% +10.9% +6.3% -16.3% -16.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,729 -40 -58 -57 -11.6 0 May 10, 2023 J-GAAP
Mar, 2024 3,610 217 207 178 35.8 0 May 10, 2024 J-GAAP
Mar, 2025 Guidance 2,530 29 17 14 2.8 0 May 10, 2024 J-GAAP
YoY -29.9% -86.6% -91.8% -92.1% -92.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 859 116 113 96 19.4 13.5 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 842 80 78 72 14.5 9.5 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,051 21 18 14 2.8 2.0 May 10, 2024 J-GAAP
Apr - Jun, 2024 836 -94 -93 -63 -12.7 -11.2 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 618 11 8 5 1.0 1.8 Nov 14, 2024 J-GAAP
YoY -28.1% -90.5% -92.9% -94.8% -94.7%

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