Mobilus Corporation, Last Fiscal Year Net Income Loss Widened in Downward Revision, 38% Deficit Against Net Assets

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Tue Oct 8, 2024 3:00 pm JST Revision

4370 Mobilus Corporation 【J-GAAP】

Guidance Update Report

Mobilus Corporation <4370> [TSE-G] announced a performance revision after the market closed on October 8th (15:00). The net income/loss (non-consolidated) for the fiscal year ending August 2024 has been revised downward from an expected loss of 394 million yen to a loss of 731 million yen (compared to a loss of 182 million yen in the previous period), indicating an expansion in the loss margin The deficit amounted to a 37.7% impairment of net assets at the end of the previous fiscal year.. However, the full-year ordinary profit/loss has been revised upward from an expected loss of 398 million yen to a loss of 361 million yen (compared to a loss of 152 million yen in the previous period), indicating a reduction in the loss margin.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the March to August period (second half) net income/loss has been revised downward from an expected loss of 193 million yen to a loss of 530 million yen (compared to a loss of 65 million yen in the same period of the previous year), indicating an expansion in the loss margin.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024 Prev	765	-191	-196	-193	-32.8	0	Jul 12, 2024	J-GAAP
Mar - Aug, 2024 New	773	-154	-159	-530	-90.8	0	Oct 8, 2024	J-GAAP
Revision Rate	+1.0%	+19.4%	+18.9%	-174.6%	-176.4%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2024 Prev	1,526	-389	-398	-394	-67.1	0	Jul 12, 2024	J-GAAP
Aug, 2024 New	1,534	-352	-361	-731	-125.2	0	Oct 8, 2024	J-GAAP
Revision Rate	+0.5%	+9.5%	+9.3%	-85.5%	-86.7%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2023	789	-108	-112	-65	-11.1	0	Oct 13, 2023	J-GAAP
Mar - Aug, 2024 Guidance	773	-154	-159	-530	-90.8	0	Oct 8, 2024	J-GAAP
YoY	-2.0%	-42.6%	-42.0%	-715.4%	-715.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2022	1,569	181	173	126	21.6	0	Oct 14, 2022	J-GAAP
Aug, 2023	1,594	-156	-152	-182	-31.2	0	Oct 13, 2023	J-GAAP
Aug, 2024 Guidance	1,534	-352	-361	-731	-125.2	0	Oct 8, 2024	J-GAAP
YoY	-3.8%	-125.6%	-137.5%	-301.6%	-301.6%