Koshidaka Holdings Full Year 2024 Earnings: In Line With Expectations

Koshidaka Holdings (TSE:2157) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥63.3b (up 16% from FY 2023).
• Net income: JP¥6.74b (down 5.2% from FY 2023).
• Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥82.70 (down from JP¥87.13 in FY 2023).

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

Koshidaka Holdings Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

The primary driver behind last 12 months revenue was the Karaoke segment contributing a total revenue of JP¥61.2b (97% of total revenue). Notably, cost of sales worth JP¥46.5b amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to JP¥6.67b (67% of total expenses). Explore how 2157's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Hospitality industry in Japan.

Performance of the Japanese Hospitality industry.

The company's shares are up 15% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Koshidaka Holdings has 1 warning sign we think you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Koshidaka Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.