IDEA Consultants.Inc., July-September (3Q) Ordinary Profit Decreases by 26%

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 Nov 5, 2024 4:00 pm JST Earnings

9768 IDEA Consultants.Inc. 【J-GAAP】

Earnings Report

IDEA Consultants.Inc. <9768> [TSE-S] announced its financial results after the market closed on November 5th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 17.5% from the same period last year, reaching 2.86 billion yen. The progress rate against the 3.25 billion yen full-year plan was 88.0%, it was below the five-year average of 98.9%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to drop by 30.2% from the same period last year to 389 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 339 million yen, a 25.8% decrease compared to the same period last year. The operating profit margin worsened from 7.0% in the same period last year to 5.8%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2022	17,307	2,954	3,053	2,003	280.7	93.1	Nov 7, 2022	J-GAAP
Jan - Sep, 2023	16,758	2,257	2,434	1,607	225.2	81.4	Nov 6, 2023	J-GAAP
Jan - Sep, 2024	17,767	2,677	2,861	1,953	273.6	88.0	Nov 5, 2024	J-GAAP
YoY	+6.0%	+18.6%	+17.5%	+21.5%	+21.5%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	11,419	919	1,014	662	92.8	65	Feb 5, 2024	J-GAAP
Jul - Dec, 2024 Guidance	11,139	737	728	350	49.0	90	Aug 5, 2024	J-GAAP
YoY	-2.5%	-19.8%	-28.2%	-47.1%	-47.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	23,035	3,154	3,278	2,149	301.1	45	Feb 6, 2023	J-GAAP
Dec, 2023	22,698	2,791	2,991	1,989	278.7	65	Feb 5, 2024	J-GAAP
Dec, 2024 Guidance	23,500	3,100	3,250	2,100	294.2	90	Feb 5, 2024	J-GAAP
YoY	+3.5%	+11.1%	+8.7%	+5.6%	+5.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	5,479	385	457	280	39.2	7.0	Nov 6, 2023	J-GAAP
Oct - Dec, 2023	5,940	534	557	382	53.5	9.0	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	6,583	1,245	1,264	890	124.7	18.9	May 7, 2024	J-GAAP
Apr - Jun, 2024	5,778	1,118	1,258	860	120.5	19.3	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	5,406	314	339	203	28.4	5.8	Nov 5, 2024	J-GAAP
YoY	-1.3%	-18.4%	-25.8%	-27.5%	-27.5%