SCSK Corporation, First Half Net Income Increases by 4%

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 29, 2024 3:00 pm JST Earnings

9719 SCSK Corporation 【IFRS】

Earnings Report

SCSK Corporation <9719> [TSE-P] announced its financial results (based on IFRS) after the market closed on October 29th (15:00). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 4.2% from the same period last year, reaching 19.2 billion yen. However, The progress rate against the 44.5 billion yen full-year plan was 43.2%, also falling below the five-year average of 46.2%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to grow by 14.9% from the same period last year, reaching 25.2 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net income grew by 5.9% from the same period last year, reaching 10 billion yen. However, the operating profit margin decreased from 11.9% in the same period last year to 10.9%.

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
Apr - Sep, 2022	213,099	22,515	23,439	16,226	52.0	43.9	Oct 31, 2022	IFRS
Apr - Sep, 2023	231,196	26,926	26,700	18,468	59.1	46.5	Oct 27, 2023	IFRS
Apr - Sep, 2024	251,523	26,958	27,597	19,237	61.6	43.8	Oct 29, 2024	IFRS
YoY	+8.8%	+0.1%	+3.4%	+4.2%	+4.1%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	ー	ー	ー	ー	－	34	Apr 26, 2024	IFRS
Apr - Sep, 2024 Results	251,523	26,958	27,597	19,237	61.6	34	Oct 29, 2024	IFRS
Revision Rate	－	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	249,111	30,078	30,759	21,993	70.4	32	Apr 26, 2024	IFRS
Oct - Mar, 2024 Guidance	258,477	35,042	35,403	25,263	80.8	34	Oct 29, 2024	IFRS
YoY	+3.8%	+16.5%	+15.1%	+14.9%	+14.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	445,912	51,361	53,336	37,301	119.4	52	Apr 28, 2023	IFRS
Mar, 2024	480,307	57,004	57,459	40,461	129.5	60	Apr 26, 2024	IFRS
Mar, 2025 Guidance	510,000	62,000	63,000	44,500	142.4	68	Apr 26, 2024	IFRS
YoY	+6.2%	+8.8%	+9.6%	+10.0%	+9.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	117,825	13,976	13,755	9,461	30.3	11.9	Oct 27, 2023	IFRS
Oct - Dec, 2023	120,167	14,062	14,236	9,867	31.6	11.7	Jan 31, 2024	IFRS
Jan - Mar, 2024	128,944	16,016	16,523	12,126	38.8	12.4	Apr 26, 2024	IFRS
Apr - Jun, 2024	122,543	12,914	13,266	9,222	29.5	10.5	Jul 29, 2024	IFRS
Jul - Sep, 2024	128,980	14,044	14,331	10,015	32.1	10.9	Oct 29, 2024	IFRS
YoY	+9.5%	+0.5%	+4.2%	+5.9%	+5.8%