EarningsQ2 2024 Earnings Report

PERSOL HOLDINGS CO (TEMPF) Q2 2024 Earnings Report

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Previous Report: Q1 2024

Next Report: Q3 2024

TEMPF Q2 2024 EPS Results

Actual EPS$0.02

Consensus EPS―

Beat/Miss―

One Year Ago EPS$0.02

TEMPF Q2 2024 Revenue Results

Actual Revenue$2.26B

Expected Revenue$2.23B

Beat/MissBeat by +$32.77M

YoY Revenue Growth+9.38%

Earnings Announcement Details

QuarterQ2 2024

Date11/11/2024

TimeTBA

Conference CallMonday, November 11, 2024

TEMPF Upcoming Earnings

PERSOL HOLDINGS CO's next earnings date is estimated for November 6, 2026, based on past reporting schedules.

Q2 2024 Earnings Call Audio

TEMPF Q2 2024 Earnings Call

0:00 / 0:00

Q2 2024 Earnings Slide Deck

Q2 2024 Earnings Call Summary

Q2 2024

Earnings Call Date:Nov 11, 2024|

% Change Since:

Earnings Call Sentiment|Neutral

The earnings call highlighted significant revenue growth in several SBUs, particularly in the Career and Technology segments, alongside improved free cash flow. However, there were notable challenges including declines in operating profit and adjusted EBITDA, as well as increased expenses. The overall sentiment is mixed with significant achievements balanced by substantial challenges.

Company Guidance

The earnings call for Persol Holdings, symbol 2181.T, for the second quarter of 2024 highlighted several key financial metrics and strategic initiatives. Revenue increased by 7.8% year-on-year, reaching JPY 654.8 billion, while adjusted EBITDA was JPY 35 billion. The company reported an interim dividend of JPY 43, with a year-end dividend projected at JPY 4.3, following a 10-for-1 stock split. Operating profit fell by 22% to JPY 26.3 billion, and quarterly profit decreased by 23% to JPY 16.7 billion. The report emphasized strategic investments aligning with the midterm management plan 2026, particularly in the Career SBU, which experienced a 29% increase in revenue. The call also detailed growth strategies, including initiatives for reskilling and the expansion of the placement market, expected to grow at a CAGR of over 9% towards 2030. The company aims to maintain a balanced approach to cost control and strategic investment to ensure steady profit in the second half of the fiscal year.

Revenue Increase

Revenue increased by 7.8% year-on-year to JPY 654.8 billion.

Career SBU Performance

Career SBU revenue increased by 29% and achieved a large increase in gross profit of JPY 11.1 billion year-on-year.

Technology SBU Growth

Technology SBU revenue increased by 14% compared to the previous year, with improved operating rates in IT and engineering departments.

Significant Free Cash Flow Improvement

Free cash flow was JPY 33 billion compared to JPY 12.8 billion last year, marking a significant improvement.

Asia Pacific SBU Success

Asia Pacific SBU revenue increased by 6% and adjusted EBITDA by 15%, with facility management performing steadily.

TEMPF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Nov 06, 2026	2026 (Q2)	- / -	0.038	―
Aug 07, 2026	2026 (Q1)	- / 0.04	0.031	13.99% (<+0.01)
May 14, 2026	2025 (Q4)	- / 0.02	0.014	73.73% (+0.01)
Feb 13, 2026	2025 (Q3)	- / 0.03	0.028	6.31% (<+0.01)
Nov 11, 2025	2025 (Q2)	- / 0.04	0.024	58.07% (+0.01)
Aug 08, 2025	2025 (Q1)	- / 0.03	0.036	-15.03% (>-0.01)
May 13, 2025	2024 (Q4)	- / 0.01	0.013	4.18% (<+0.01)
Feb 14, 2025	2024 (Q3)	- / 0.03	0.024	19.68% (<+0.01)
Nov 11, 2024	2024 (Q2)	- / 0.02	0.021	17.36% (<+0.01)
Aug 08, 2024	2024 (Q1)	- / 0.04	0.026	38.23% (+0.01)

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