FinTech Global Incorporated, 22% Increase in Ordinary Profit for The Current Fiscal Year, Dividend to Rise by 1.5 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.

Wed Nov 6, 2024 4:00 pm JST Earnings

8789 FinTech Global Incorporated 【J-GAAP】

Earnings Report

FinTech Global Incorporated <8789> [TSE-S] announced its financial results after the market closed on November 6th (16:00). The consolidated ordinary profit for the fiscal year ending September 2024 expanded to 92.7% from the previous period to 2.46 billion yen. For the fiscal year ending September 2025, the profit is expected to grow by 21.9% to 3 billion yen. This will be the fourth consecutive term of profit growth.

At the same time, the company has decided to significantly increase the dividend this fiscal year to 3 yen, an increase of 1.5 yen from the previous fiscal year.

In the most recent three-month period, from July to September (4Q), the consolidated ordinary profit increased by 82.9% from the same period last year, reaching 353 million yen. The operating profit margin remained almost flat, changing from 8.4% in the same period last year to 8.6%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2022	9,301	587	540	176	0.9	0	Nov 8, 2022	J-GAAP
Sep, 2023	9,302	1,343	1,277	1,603	8.0	0	Nov 8, 2023	J-GAAP
Sep, 2024	13,807	2,569	2,461	1,675	8.4	1.50	Nov 6, 2024	J-GAAP
YoY	+48.4%	+91.3%	+92.7%	+4.5%	+5.5%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2024 Guidance	13,400	2,400	2,300	1,400	7.2	1.50	Aug 9, 2024	J-GAAP
Sep, 2024 Results	13,807	2,569	2,461	1,675	8.4	1.50	Nov 6, 2024	J-GAAP
Revision Rate	+3.0%	+7.0%	+7.0%	+19.6%	+17.6%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	6,555	1,646	1,588	1,117	5.6	0	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	ー	ー	－	0	Nov 6, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2023	9,302	1,343	1,277	1,603	8.0	0	Nov 8, 2023	J-GAAP
Sep, 2024	13,807	2,569	2,461	1,675	8.4	1.50	Nov 6, 2024	J-GAAP
Sep, 2025 Guidance	12,300	3,100	3,000	2,000	10.2	3	Nov 6, 2024	J-GAAP
YoY	-10.9%	+20.7%	+21.9%	+19.4%	+21.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,391	201	193	822	4.1	8.4	Nov 8, 2023	J-GAAP
Oct - Dec, 2023	3,434	976	953	589	2.9	28.4	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	3,121	670	635	528	2.6	21.5	May 10, 2024	J-GAAP
Apr - Jun, 2024	3,023	560	520	352	1.8	18.5	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	4,229	363	353	206	1.0	8.6	Nov 6, 2024	J-GAAP
YoY	+76.9%	+80.6%	+82.9%	-74.9%	-74.8%