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HIRANO TECSEED CO.,LTD., First Half Ordinary Profit Increases by 48%, July-September Ordinary Profit Increases by 5.6 times
6245 HIRANO TECSEED CO.,LTD. 【J-GAAP】
Earnings ReportHIRANO TECSEED CO.,LTD. <6245> [TSE-S] announced its financial results after the market closed on November 12th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 1.2 billion yen, an increase of 47.5% compared to the same period last year. However, The progress rate against the 3 billion yen full-year plan was 40.0%, also falling below the five-year average of 48.4%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop by 30.3% from the same period last year to 1.79 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 5.6 times that of the same period last year, reaching 774 million yen. The operating profit margin significantly improved from 1.4% in the same period last year to 6.0%.
Kabutan News
Actual Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Apr - Sep, 2022 | 18,270 | 1,496 | 1,557 | 1,078 | 71.6 | 48.4 | Nov 11, 2022 | J-GAAP |
Apr - Sep, 2023 | 22,346 | 769 | 814 | 564 | 37.4 | 24.0 | Nov 10, 2023 | J-GAAP |
Apr - Sep, 2024 | 24,388 | 1,024 | 1,201 | 867 | 57.4 | 40.0 | Nov 12, 2024 | J-GAAP |
YoY | +9.1% | +33.2% | +47.5% | +53.7% | +53.3% |
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 | 22,600 | 1,200 | 1,300 | 910 | 60.2 | 45 | May 10, 2024 | J-GAAP |
Apr - Sep, 2024 Results | 24,388 | 1,024 | 1,201 | 867 | 57.4 | 45 | Nov 12, 2024 | J-GAAP |
Revision Rate | +7.9% | -14.7% | -7.6% | -4.7% | -4.7% |
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 | 24,600 | 2,467 | 2,580 | 1,874 | 124.3 | 60 | May 10, 2024 | J-GAAP |
Oct - Mar, 2024 Guidance | 19,612 | 1,876 | 1,799 | 1,233 | 81.5 | 45 | Nov 12, 2024 | J-GAAP |
YoY | -20.3% | -24.0% | -30.3% | -34.2% | -34.4% |
Current Period Guidance
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Mar, 2023 | 42,423 | 3,093 | 3,219 | 2,243 | 148.9 | 56 | May 12, 2023 | J-GAAP |
Mar, 2024 | 46,946 | 3,236 | 3,394 | 2,438 | 161.7 | 88 | May 10, 2024 | J-GAAP |
Mar, 2025 Guidance | 44,000 | 2,900 | 3,000 | 2,100 | 138.9 | 90 | May 10, 2024 | J-GAAP |
YoY | -6.3% | -10.4% | -11.6% | -13.9% | -14.1% |
Quarterly Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jul - Sep, 2023 | 9,762 | 140 | 139 | 97 | 6.4 | 1.4 | Nov 10, 2023 | J-GAAP |
Oct - Dec, 2023 | 12,363 | 1,869 | 1,926 | 1,360 | 90.2 | 15.1 | Feb 14, 2024 | J-GAAP |
Jan - Mar, 2024 | 12,237 | 598 | 654 | 514 | 34.1 | 4.9 | May 10, 2024 | J-GAAP |
Apr - Jun, 2024 | 12,099 | 292 | 427 | 328 | 21.8 | 2.4 | Aug 9, 2024 | J-GAAP |
Jul - Sep, 2024 | 12,289 | 732 | 774 | 539 | 35.7 | 6.0 | Nov 12, 2024 | J-GAAP |
YoY | +25.9% | +422.9% | +456.8% | +455.7% | +453.9% |
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