Newtech Co., Ltd., First Half Ordinary Profit Revised Upward by 21%

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Thu Sep 26, 2024 3:00 pm JST Revision

6734 Newtech Co., Ltd. 【J-GAAP】

Guidance Update Report

Newtech Co., Ltd. <6734> [TSE-S] announced a performance revision after the market closed on September 26th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) has been revised upward by 20.7%, from the previous forecast of 121 million yen to 146 million yen (compared to 212 million yen in the same period of the previous year), and the declining rate is expected to decrease from 42.9% to 31.1%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 442 million yen(compared to 394 million yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024 Prev	1,812	119	121	87	45.0	0	Apr 12, 2024	J-GAAP
Mar - Aug, 2024 New	2,138	139	146	107	55.4	0	Sep 26, 2024	J-GAAP
Revision Rate	+18.0%	+16.8%	+20.7%	+23.0%	+23.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2023	1,782	204	212	158	82.8	0	Oct 5, 2023	J-GAAP
Mar - Aug, 2024 Guidance	2,138	139	146	107	55.4	0	Sep 26, 2024	J-GAAP
YoY	+20.0%	-31.9%	-31.1%	-32.3%	-33.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	3,657	448	452	319	166.9	40	Apr 12, 2023	J-GAAP
Feb, 2024	3,711	362	394	290	151.8	50	Apr 12, 2024	J-GAAP
Feb, 2025 Guidance	4,211	441	442	326	168.8	50	Apr 12, 2024	J-GAAP
YoY	+13.5%	+21.8%	+12.2%	+12.4%	+11.2%