F-TECH INC., First Half Net Income Loss Widens, July-September Net Income Loss Widens

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 Nov 7, 2024 3:30 pm JST Earnings

7212 F-TECH INC. 【J-GAAP】

Earnings Report

F-TECH INC. <7212> [TSE-S] announced its financial results after the market closed on November 7th (15:30). The consolidated net loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to a loss of 4.86 billion yen (compared to a loss of 516 million yen in the same period last year).

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 surge by 2.5 times that of the same period last year, reaching 5.46 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net loss expanded to a loss of 4.08 billion yen (compared to a loss of 189 million yen in the same period last year). The operating profit/loss margin remained almost flat, changing from -2.0% in the same period last year to -2.2%.

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	121,260	-1,090	213	1,118	60.2	11.1	Nov 4, 2022	J-GAAP
Apr - Sep, 2023	139,303	-1,290	-915	-516	-27.8	ー	Nov 7, 2023	J-GAAP
Apr - Sep, 2024	145,810	-1,430	-2,965	-4,860	-261.8	ー	Nov 7, 2024	J-GAAP
YoY	+4.7%	-10.9%	-224.0%	-841.9%	-842.2%

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	－	10	May 14, 2024	J-GAAP
Apr - Sep, 2024 Results	145,810	-1,430	-2,965	-4,860	-261.8	10	Nov 7, 2024	J-GAAP
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	159,456	4,998	3,916	2,199	118.4	10	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	156,190	6,130	5,465	5,460	294.0	10	Nov 7, 2024	J-GAAP
YoY	-2.0%	+22.6%	+39.6%	+148.3%	+148.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	261,156	2,038	1,921	1,734	93.3	20	May 15, 2023	J-GAAP
Mar, 2024	298,759	3,708	3,001	1,683	90.6	20	May 14, 2024	J-GAAP
Mar, 2025 Guidance	302,000	4,700	2,500	600	32.3	20	May 14, 2024	J-GAAP
YoY	+1.1%	+26.8%	-16.7%	-64.3%	-64.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	68,104	-1,363	-1,223	-189	-10.2	-2.0	Nov 7, 2023	J-GAAP
Oct - Dec, 2023	75,752	1,818	863	27	1.5	2.4	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	83,704	3,180	3,053	2,172	117.0	3.8	May 14, 2024	J-GAAP
Apr - Jun, 2024	74,736	141	180	-779	-42.0	0.2	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	71,074	-1,571	-3,145	-4,081	-219.8	-2.2	Nov 7, 2024	J-GAAP
YoY	+4.4%	-15.3%	-157.2%	-2,059.3%	-2,059.0%