Kasumigaseki CapitalLtd Second Quarter 2024 Earnings: EPS: JP¥115 (vs JP¥81.63 in 2Q 2023)

Kasumigaseki CapitalLtd (TSE:3498) Second Quarter 2024 Results

Key Financial Results

• Revenue: JP¥8.72b (down 3.2% from 2Q 2023).
• Net income: JP¥1.07b (up 62% from 2Q 2023).
• Profit margin: 12% (up from 7.3% in 2Q 2023). The increase in margin was driven by lower expenses.
• EPS: JP¥115 (up from JP¥81.63 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kasumigaseki CapitalLtd Earnings Insights

Looking ahead, revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Real Estate industry in Japan.

Performance of the Japanese Real Estate industry.

The company's shares are down 3.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Kasumigaseki CapitalLtd has 4 warning signs (and 3 which make us uncomfortable) we think you should know about.

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