LTS,Inc., The Current Fiscal Year Net Income Revised Upward by 41%, Adds to Record High Profit Forecast

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 12, 2024 3:30 pm JST Earnings

6560 LTS,Inc. 【J-GAAP】

Earnings Report

LTS,Inc. <6560> [TSE-P] announced its financial results after the market closed on November 12th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending December 2024 (January to September) expanded to 700 million yen, an increase of 89.7% compared to the same period last year.

In addition, the full-year consolidated net income has been revised upward by 40.6%, from the previous forecast of 690 million yen to 970 million yen (compared to 456 million yen in the previous period), increasing the growth rate from 51.3% to 2.1 times, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the July to December period (second half) is expected to increase by 84.3%, from the previous forecast of 332 million yen to 612 million yen (compared to 140 million yen in the same period of the previous year), increasing the growth rate from 2.4 times to 4.4 times.

In the most recent three-month period, from July to September (3Q), the consolidated net income surged to 6.5 times that of the same period last year, reaching 342 million yen. The operating profit margin improved from 5.5% in the same period last year to 8.3%.

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	7,014	426	419	273	66.2	85.7	Nov 11, 2022	J-GAAP
Jan - Sep, 2023	8,231	545	580	369	82.0	77.0	Nov 10, 2023	J-GAAP
Jan - Sep, 2024	12,246	766	795	700	156.1	69.1	Nov 12, 2024	J-GAAP
YoY	+48.8%	+40.6%	+37.1%	+89.7%	+90.4%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2024 Prev	8,480	836	717	332	72.8	30	Aug 13, 2024	J-GAAP
Jul - Dec, 2024 New	8,480	836	717	612	134.1	30	Nov 12, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	+84.3%	+84.3%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Prev	16,500	1,250	1,150	690	151.2	30	Feb 13, 2024	J-GAAP
Dec, 2024 New	16,500	1,250	1,150	970	212.5	30	Nov 12, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	+40.6%	+40.6%

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	6,736	322	291	140	31.1	0	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	8,480	836	717	612	134.1	30	Nov 12, 2024	J-GAAP
YoY	+25.9%	+159.6%	+146.4%	+337.1%	+331.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	9,637	501	489	232	55.4	0	Feb 10, 2023	J-GAAP
Dec, 2023	12,242	717	753	456	101.2	0	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	16,500	1,250	1,150	970	212.5	30	Nov 12, 2024	J-GAAP
YoY	+34.8%	+74.3%	+52.7%	+112.7%	+110.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,725	150	118	53	11.8	5.5	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	4,011	172	173	87	19.3	4.3	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	4,066	358	377	311	69.2	8.8	May 13, 2024	J-GAAP
Apr - Jun, 2024	3,954	56	56	47	10.5	1.4	Aug 13, 2024	J-GAAP
Jul - Sep, 2024	4,226	352	362	342	76.3	8.3	Nov 12, 2024	J-GAAP
YoY	+55.1%	+134.7%	+206.8%	+545.3%	+547.8%