Tokai Holdings Corporation TSE:3167
TOKAI : Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2025 – Continued Advancement Towards Record‐Breaking Management Performance
Source: MarketScreener
February 4, 2025
For Immediate Release
TOKAI Holdings Corporation
Katsuo Oguri, Representative Director, President and CEO
(Code No. 3167, TSE Prime Market)
Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2025
- Continued Advancement Towards Record‐Breaking Management Performance -
TOKAI Holdings Corporation (hereinafter, "the Company") today announced its financial results for the third quarter of the fiscal year ending March 31, 2025.
1. Company Achieves Record-Breaking Performance with Fourth Consecutive Revenue Increase, Strong Progress in Profitability
As part of our "Medium-Term Management Plan 2025," which concludes in the fiscal year 2025, we have prioritized three key strategies: "1. Growth in Business Revenue," "2. Strengthening Sustainable Growth Foundation," and "3. Maximizing Human Resources and Organizational Vitality." Through these strategies, we aim to contribute to a sustainable society while expanding our revenue base.
During this third quarter, we have achieved net sales of 173.2 billion yen (an increase of 8.5 billion yen or 5.2% compared to the same period last year), setting a new record with four consecutive revenue increases. This growth can be attributed to an increase in the number of group customers and the expansion of our stock business for corporate clients in the information and communication business.
In terms of profitability, we have steadily increased our monthly billing volume with the growth in customer numbers. Additionally, strategic cost review and reduction efforts in the energy business have contributed to an operating profit of 9.7 billion yen (an increase of 900 million yen or 10.4%).
Furthermore, we are proud to announce that our ordinary profit has reached 10.1 billion yen, surpassing the 10 billion yen mark for the first time in the cumulative period of the third quarter and setting a new record.
(Millions of yen) | |||||
Q3 FY2024 | Q3 FY2023 | YoY | |||
results | results | ||||
Change | % change | ||||
(April 1, 2024 to | (April 1, 2023 to | ||||
December 31, 2024) | December 31, 2023) | ||||
Net sales | 173,179 | 164,676 | +8,503 | +5.2 | |
Operating profit | 9,711 | 8,797 | +914 | +10.4 | |
Ordinary profit | 10,136 | 8,968 | +1,168 | +13.0 | |
Profit attributable to owners | 5,644 | 4,934 | +709 | +14.4 | |
of parent | |||||
EPS (yen) | 43.21 | 37.78 | +5.43 | +14.4 |
2. Steady expansion of customer base in core businesses
Regarding our business activities during this third quarter, we have actively engaged in customer acquisition efforts to achieve our goals outlined in the mid-term management plan. As a result, the number of continuing transaction customers at the end of the third quarter has increased by 56,450, reaching 3.415 million customers compared to the initial figure of 3.358 million.
We have seen significant growth in various customer segments, with a net increase of 28,263 gas (LP and city gas) customers, 16,498 CATV customers, 20,037 Aqua customers, and 8,514 in Hikari Collaboration customers. These achievements have further expanded our revenue base.
3. Continued Revenue and Profit Growth in the Fiscal Year Ending March 2025, Setting New Records in Sales, and All Profit Categories
The fiscal year ending in March 2025 marks the second year of our "Medium-Term Management Plan 2025". We are committed to executing the initiatives outlined in the plan and achieving further leaps in our performance. In the fiscal year 2024, we focused on enhancing our sales capabilities, leveraging the strengths of our group, and expanding our customer base by increasing the number of customers and orders. We will continue to drive area expansion, M&A activities, and the creation of new businesses to further expand our customer base.
We are determined to maintain our growth trajectory and set new records in sales and all profit categories by sustaining revenue and profit growth throughout the fiscal year.
At this point, there are no changes to our consolidated performance forecast and dividend forecast for the fiscal year ending in March 2025.
(Millions of yen) | |||||||
FY03/25 forecast | FY03/24 results | YoY | |||||
(April 1, 2024 to | (April 1, 2023 to | ||||||
Change | % change | ||||||
March 31, 2025) | March 31, 2024) | ||||||
Net sales | 244,000 | 231,513 | +12,487 | +5.4 | |||
Operating profit | 16,000 | 15,511 | +489 | +3.2 | |||
Ordinary profit | 16,000 | 15,531 | +469 | +3.0 | |||
Profit attributable to | 9,000 | 8,481 | +519 | +6.1 | |||
owners of parent | |||||||
EPS (yen) | 68.90 | 64.94 | +3.96 | +6.1 | |||
Customer count at end of | 3,452,000 | 3,358,000 | +94,000 | +2.8 | |||
fiscal year | |||||||
FY03/25 | FY03/24 | FY03/23 | |||||
(forecast) | |||||||
Interim (end of Q2) | 17.00 yen | 16.00 yen | 16.00 yen | ||||
Year-end | 17.00 yen | 17.00 yen | 16.00 yen | ||||
Annual dividend per share | 34.00 yen | 33.00 yen | 32.00 yen |
For details, please see the attached materials, entitled "Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2025."
For the Company's earnings announcement for the third quarter of the fiscal year ending March 31, 2025, please see the following URL:https://www.tokaiholdings.co.jp/english/ir/library/earnings.html
Contact: Sotohiro Horaguchi
Public Relations and Investor Relations Office
TEL: +81-(0)54-273-4878
Email: [email protected]