kabutan

KOZO Holdings Co.,Ltd., The Current Fiscal Year Net Income Loss Widened in Downward Revision

Fri Nov 8, 2024 5:00 pm JST Earnings

9973 KOZO Holdings Co.,Ltd. 【J-GAAP】

Earnings Report

KOZO Holdings Co.,Ltd. <9973> [TSE-S] announced its financial results after the market closed on November 8th (17:00). The consolidated net loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) expanded to a loss of 351 million yen (compared to a loss of 117 million yen in the same period last year).

In addition, the full-year consolidated net income/loss has been revised downward from an expected loss of 50 million yen to a loss of 410 million yen (compared to a loss of 338 million yen in the previous period), indicating an expansion in the loss margin.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income/loss for the July to December period (second half) has been revised downward from an expected profit of 144 million yen to a loss of 216 million yen (compared to a loss of 301 million yen in the same period of the previous year), turning to a loss outlook.

In the most recent three-month period, from July to September (3Q), the consolidated net loss expanded to a loss of 157 million yen (compared to a loss of 80 million yen in the same period last year). The operating profit/loss margin worsened from -1.6% in the same period last year to -3.2%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2022 7,944 -388 -405 -530 -3.1 ー Nov 14, 2022 J-GAAP
Jan - Sep, 2023 8,555 -142 -134 -117 -0.6 ー Nov 10, 2023 J-GAAP
Jan - Sep, 2024 13,072 -327 -311 -351 -1.6 ー Nov 8, 2024 J-GAAP
YoY +52.8% -130.3% -132.1% -200.0% -172.4%

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 8,496 203 194 144 0.6 0 Aug 14, 2024 J-GAAP
Jul - Dec, 2024 New 8,996 -157 -161 -216 -0.9 0 Nov 8, 2024 J-GAAP
Revision Rate +5.9% － － － －

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 17,000 20 25 -50 -0.2 0 Feb 14, 2024 J-GAAP
Dec, 2024 New 17,500 -340 -330 -410 -1.7 0 Nov 8, 2024 J-GAAP
Revision Rate +2.9% － － -720.0% -714.3%

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 8,576 -160 -129 -301 -1.5 0 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 8,996 -157 -161 -216 -0.9 0 Nov 8, 2024 J-GAAP
YoY +4.9% +1.9% -24.8% +28.2% +39.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 10,293 -613 -581 -953 -5.5 0 Feb 15, 2023 J-GAAP
Dec, 2023 13,054 -237 -213 -338 -1.7 0 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 17,500 -340 -330 -410 -1.7 0 Nov 8, 2024 J-GAAP
YoY +34.1% -43.5% -54.9% -21.3% -3.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 4,077 -65 -50 -80 -0.4 -1.6 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 4,499 -95 -79 -221 -1.1 -2.1 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 4,210 -81 -81 -92 -0.4 -1.9 May 14, 2024 J-GAAP
Apr - Jun, 2024 4,294 -102 -88 -102 -0.5 -2.4 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 4,568 -144 -142 -157 -0.7 -3.2 Nov 8, 2024 J-GAAP
YoY +12.0% -121.5% -184.0% -96.3% -77.5%

Related Articles