Ricksoft Co., Ltd., First Half Ordinary Profit Decreases by 21%, June-Augus Ordinary Profit Decreases by 49%

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.

Fri Oct 11, 2024 4:00 pm JST Earnings

4429 Ricksoft Co., Ltd. 【J-GAAP】

Earnings Report

Ricksoft Co., Ltd. <4429> [TSE-G] announced its financial results after the market closed on October 11th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) decreased by 21.4% from the same period last year to 231 million yen. The progress rate against the 816 million yen full-year plan was 28.3%, also falling below the five-year average of 42.2%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to February period (second half) is expected to expand by 53.1% from the same period last year, reaching 585 million yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit dropped to 77 million yen, a 48.7% decrease compared to the same period last year. The operating profit margin drastically worsened from 7.6% in the same period last year to 3.4%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Mar - Aug, 2022	2,736	280	298	220	49.4	52.6	Oct 14, 2022	J-GAAP
Mar - Aug, 2023	3,478	291	294	-38	-8.6	43.5	Oct 12, 2023	J-GAAP
Mar - Aug, 2024	4,309	223	231	177	38.9	28.3	Oct 11, 2024	J-GAAP
YoY	+23.9%	-23.4%	-21.4%	－	－

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024 Guidance	ー	ー	ー	ー	－	0	Apr 12, 2024	J-GAAP
Mar - Aug, 2024 Results	4,309	223	231	177	38.9	0	Oct 11, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2023	4,013	374	382	307	67.5	0	Apr 12, 2024	J-GAAP
Sep - Feb, 2024 Guidance	4,838	590	585	410	91.5	0	Oct 11, 2024	J-GAAP
YoY	+20.6%	+57.8%	+53.1%	+33.6%	+35.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	5,623	546	567	423	94.4	0	Apr 13, 2023	J-GAAP
Feb, 2024	7,491	665	676	269	59.2	0	Apr 12, 2024	J-GAAP
Feb, 2025 Guidance	9,147	813	816	587	131.0	0	Apr 12, 2024	J-GAAP
YoY	+22.1%	+22.3%	+20.7%	+118.2%	+121.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	1,907	145	150	-140	-31.6	7.6	Oct 12, 2023	J-GAAP
Sep - Nov, 2023	1,820	147	146	130	28.6	8.1	Jan 12, 2024	J-GAAP
Dec - Feb, 2023	2,193	227	236	177	38.9	10.4	Apr 12, 2024	J-GAAP
Mar - May, 2024	2,046	147	154	115	25.3	7.2	Jul 11, 2024	J-GAAP
Jun - Aug, 2024	2,263	76	77	62	13.6	3.4	Oct 11, 2024	J-GAAP
YoY	+18.7%	-47.6%	-48.7%	－	－