UUUM announced its consolidated financial results for the fourth quarter of the fiscal year ending September 2024. The company reported a successful return to profitability, attributed to smooth progress in structural reforms, including human resource optimization and reduced advertising and promotional expenses. This positive outcome comes despite a revenue decrease caused by a drop in AdSense and context-driven marketing.
For the reported period, UUUM’s sales reached 21,021 million yen, down from 23,087 million yen for the full fiscal year ending May 2023. However, the company achieved an operating profit of 220 million yen, reversing a loss of 195 million yen from the previous year. Ordinary profit stood at 504 million yen, compared to a loss of 150 million yen, and net profit was 328 million yen, a significant improvement from the prior year’s loss of 1,053 million yen.
This fiscal year will be an irregular 16-month period, aligning with the fiscal year of its parent company, FreakOut Holdings <6094>, which ends in September.
During this period, UUUM focused on expanding its promotion business in collaboration with creators and enhancing its goods and e-commerce segments to strengthen its business foundation. The company also promoted structural reforms aimed at improving overall profitability, resulting in a more robust profit structure. Additionally, UUUM recorded extraordinary profits from the sale of shares in affiliated companies as part of its strategy to optimize asset holdings.
UUUM has maintained its full-year earnings forecast for the fiscal year ending September 2024, projecting sales between 29.6 billion yen and 30.3 billion yen, operating profit between 450 million yen and 570 million yen, ordinary profit between 480 million yen and 600 million yen, and net profit between 250 million yen and 340 million yen.
