TECHMATRIX CORPORATION, The Current Fiscal Year Net Income Revised Upward by 5%, Adds to Record High Profit Forecast, Dividend Revised Upward by 2 yen

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.

Thu Oct 31, 2024 3:30 pm JST Earnings

3762 TECHMATRIX CORPORATION 【IFRS】

Earnings Report

TECHMATRIX CORPORATION <3762> [TSE-P] announced its financial results (based on IFRS) after the market closed on October 31st (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 21.0% from the same period last year, reaching 1.7 billion yen.

In addition, the full-year consolidated net income has been revised upward by 4.6%, from the previous forecast of 3.92 billion yen to 4.1 billion yen (compared to 3.54 billion yen in the previous period), increasing the growth rate from 10.7% to 15.8%, further surpassing the previous forecast of record-high profits for ten consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to grow by 12.4% from the same period last year, reaching 2.39 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 30 yen to 32 yen (compared to 28 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated net income grew by 15.4% from the same period last year, reaching 982 million yen. The operating profit margin rose from 10.5% in the same period last year to 11.2%.

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	20,743	1,915	1,914	1,063	26.7	37.8	Oct 28, 2022	IFRS
Apr - Sep, 2023	24,602	2,281	2,274	1,411	35.3	38.8	Oct 31, 2023	IFRS
Apr - Sep, 2024	30,841	3,023	2,768	1,708	42.6	41.3	Oct 31, 2024	IFRS
YoY	+25.4%	+32.5%	+21.7%	+21.0%	+20.6%

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	27,400	2,600	2,540	1,570	39.1	10	May 9, 2024	IFRS
Apr - Sep, 2024 Results	30,841	3,023	2,768	1,708	42.6	12	Oct 31, 2024	IFRS
Revision Rate	+12.6%	+16.3%	+9.0%	+8.8%	+8.8%

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	59,000	6,500	6,410	3,920	97.6	30	May 9, 2024	IFRS
Mar, 2025 New	64,400	7,000	6,700	4,100	102.1	32	Oct 31, 2024	IFRS
Revision Rate	+9.2%	+7.7%	+4.5%	+4.6%	+4.6%

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	28,701	3,569	3,580	2,129	53.1	19	May 9, 2024	IFRS
Oct - Mar, 2024 Guidance	33,559	3,977	3,932	2,392	59.6	20	Oct 31, 2024	IFRS
YoY	+16.9%	+11.4%	+9.8%	+12.4%	+12.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	45,950	5,098	5,066	2,950	73.9	23	May 9, 2023	IFRS
Mar, 2024	53,303	5,850	5,854	3,540	88.4	28	May 9, 2024	IFRS
Mar, 2025 Guidance	64,400	7,000	6,700	4,100	102.1	32	Oct 31, 2024	IFRS
YoY	+20.8%	+19.7%	+14.5%	+15.8%	+15.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	13,129	1,383	1,364	851	21.3	10.5	Oct 31, 2023	IFRS
Oct - Dec, 2023	13,406	1,543	1,538	933	23.3	11.5	Jan 31, 2024	IFRS
Jan - Mar, 2024	15,295	2,026	2,042	1,196	29.9	13.2	May 9, 2024	IFRS
Apr - Jun, 2024	13,763	1,113	1,130	726	18.1	8.1	Jul 31, 2024	IFRS
Jul - Sep, 2024	17,078	1,910	1,638	982	24.5	11.2	Oct 31, 2024	IFRS
YoY	+30.1%	+38.1%	+20.1%	+15.4%	+15.0%