MTG Co.,Ltd., Last Fiscal Year Ordinary Profit Revised Upward to an Unexpected 3% Increase

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Wed Nov 6, 2024 3:30 pm JST Revision

7806 MTG Co.,Ltd. 【J-GAAP】

Guidance Update Report

MTG Co.,Ltd. <7806> [TSE-G] announced a performance revision after the market closed on November 6th (15:30). The consolidated ordinary profit for the fiscal year ending September 2024 has been revised upward by 26.5%, from the previous forecast of 3.4 billion yen to 4.3 billion yen (compared to 4.16 billion yen in the previous period), turning to a 3.2% increase in the consolidated ordinary profit outlook.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the April to September period (second half) consolidated ordinary profit is expected to increase by 71.1%, from the previous forecast of 1.26 billion yen to 2.16 billion yen (compared to 1.87 billion yen in the same period of the previous year), turning to a 15.3% increase in the consolidated ordinary profit outlook.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	34,264	1,447	1,265	536	13.4	10	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	39,064	1,947	2,165	1,336	33.8	10	Nov 6, 2024	J-GAAP
Revision Rate	+14.0%	+34.6%	+71.1%	+149.3%	+152.2%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2024 Prev	67,000	3,400	3,400	2,000	50.0	10	Nov 9, 2023	J-GAAP
Sep, 2024 New	71,800	3,900	4,300	2,800	70.8	10	Nov 6, 2024	J-GAAP
Revision Rate	+7.2%	+14.7%	+26.5%	+40.0%	+41.7%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	32,331	1,181	1,878	828	21.0	10	Nov 9, 2023	J-GAAP
Apr - Sep, 2024 Guidance	39,064	1,947	2,165	1,336	33.8	10	Nov 6, 2024	J-GAAP
YoY	+20.8%	+64.9%	+15.3%	+61.4%	+60.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2022	48,984	3,238	3,724	2,685	68.5	10	Nov 10, 2022	J-GAAP
Sep, 2023	60,154	3,597	4,168	1,984	50.4	10	Nov 9, 2023	J-GAAP
Sep, 2024 Guidance	71,800	3,900	4,300	2,800	70.8	10	Nov 6, 2024	J-GAAP
YoY	+19.4%	+8.4%	+3.2%	+41.1%	+40.7%