日本創発グループ's consolidated ordinary profit for January–September 2024 fell 5.4% year on year to ¥1.49 billion, turning to a loss for the 9-month period. The July–September period posted a ¥50 million loss, versus a profit in the previous period.
According to the results for the 9-month period announced by 日本創発グループ on 13 November, revenue was ¥57.193 billion, operating profit was ¥2.731 billion, ordinary profit was ¥2.710 billion and net income was ¥1.909 billion. Ordinary profit fell 5.4% year on year, while ordinary profit and loss for the most recent three months, July–September, turned to a ¥50 million loss from a ¥80 million profit in the same period last year. The full-year plan remains unchanged at ¥3.6 billion in ordinary profit, representing progress of 41.6%.
Based on the 9-month results and the unchanged full-year plan, the company estimates that fourth-quarter consolidated ordinary profit will rise 29.9% year on year to ¥2.1 billion.
The company has presented its earnings outlook for the second half of the fiscal year, and progress may be affected by trends among business partners and in the market.
Points of focus following the earnings announcement include the factors behind the July–September loss, the likelihood of achieving the full-year plan and quarterly trends.