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J FRONT RETAILING Co Ltd (JFROF)
OTHER OTC:JFROF
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Earnings Data
Report Date
Apr 15, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
<$0.01Last Year’s EPS
$0.2Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 25, 2024
|% Change Since: 0.09%
|Next Earnings Date:Apr 15, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth and successful cost control, particularly in the Department Store segment, along with a promising outlook for the full year. However, challenges remain in certain business segments, notably in maintaining profit margins and managing unexpected expenses. The sentiment is balanced with both notable achievements and areas requiring further improvement.Company Guidance
In the earnings call for Q2 2024, the executives provided detailed guidance on the company's financial performance and future outlook. Consolidated gross sales for the first half of FY 2023 reached JPY 540.1 billion, with revenue of JPY 191.6 billion, reflecting double-digit growth year-on-year. Business profit surged 48.2% to JPY 20.1 billion, while operating profit rose 48.7% to JPY 19.6 billion. Profit attributable to owners of the parent increased by 27.0% to JPY 12.9 billion. Looking ahead, the full year FY 2023 forecast anticipates consolidated gross sales of JPY 1.131 billion, a 13.2% increase year-on-year, with business profit expected to climb 71.0% to JPY 42.5 billion and operating profit projected to more than double to JPY 40 billion. Profit attributable to owners of the parent is estimated to rise 89.6% to JPY 27 billion. The company also plans a year-end dividend of JPY 17 per share, bringing the annual dividend to JPY 33, up JPY 2 from the previous year, with ROE and ROIC anticipated at 7.4% and 4.9%, respectively. Executives highlighted the potential for growth driven by inbound tourism and strong domestic consumption, particularly in luxury segments, while cautious about cost management and strategic investments for sustained profitability.Significant Revenue Growth
Consolidated gross sales for the first half of FY 2023 were JPY 540.1 billion, with revenue at JPY 191.6 billion, marking double-digit growth year-on-year. Business profit increased 48.2% to JPY 20.1 billion, and operating profit rose 48.7% to JPY 19.6 billion.
Strong Department Store Performance
Department Store business saw a sales increase of 14.4% year-on-year, with business profit doubling to JPY 11.6 billion and operating profit increasing 2.6 times to JPY 10.1 billion.
Upward Revision of Full Year Forecast
Full year FY 2023 gross sales are forecasted to be JPY 1.131 billion, up 13.2% year-on-year, with business profit expected to increase by 71.0% to JPY 42.5 billion.
Successful Cost Control
Efforts to reduce SG&A expenses resulted in business profit and operating profit being JPY 1.1 billion higher than forecasted.
Improvement in Inbound Sales
Inbound sales exceeded pre-COVID levels, with substantial growth in the second quarter.
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JFROF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JFROF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 08, 2024 | $11.09 | $11.41 | +2.89% |
| Jun 28, 2024 | $10.36 | $11.10 | +7.14% |
| Apr 15, 2024 | $10.50 | $10.72 | +2.10% |
| Dec 26, 2023 | $9.23 | $9.17 | -0.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does J FRONT RETAILING Co Ltd (JFROF) report earnings?
J FRONT RETAILING Co Ltd (JFROF) is schdueled to report earning on Apr 15, 2025, TBA Not Confirmed.
What is J FRONT RETAILING Co Ltd (JFROF) earnings time?
J FRONT RETAILING Co Ltd (JFROF) earnings time is at Apr 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JFROF EPS forecast?
JFROF EPS forecast for the fiscal quarter 2024 (Q4) is <$0.01.
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