FLECT Co., Ltd., First Half Ordinary Profit Increases by 76%, July-September Ordinary Profit Increases by 21%

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 4:00 pm JST Earnings

4414 FLECT Co., Ltd. 【J-GAAP】

Earnings Report

FLECT Co., Ltd. <4414> [TSE-G] announced its financial results after the market closed on November 12th (16:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 427 million yen, an increase of 76.4% compared to the same period last year. The progress rate against the 944 million yen full-year plan was 45.2%, exceeding the four-year average of 35.2%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to March period (second half) is expected to grow by 1.6% from the same period last year, reaching 517 million yen.

In the most recent three-month period, from July to September (2Q), the ordinary profit grew by 21.5% from the same period last year, reaching 249 million yen. However, the operating profit margin decreased from 13.1% in the same period last year to 12.5%.

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	2,429	46	45	32	5.5	17.6	Nov 10, 2022	J-GAAP
Apr - Sep, 2023	3,061	243	242	165	27.7	32.2	Nov 7, 2023	J-GAAP
Apr - Sep, 2024	3,909	431	427	257	42.5	45.2	Nov 12, 2024	J-GAAP
YoY	+27.7%	+77.4%	+76.4%	+55.8%	+53.8%

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	－	0	May 13, 2024	J-GAAP
Apr - Sep, 2024 Results	3,909	431	427	257	42.5	0	Nov 12, 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	3,867	514	509	275	45.9	0	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	4,262	521	517	312	51.5	0	Nov 12, 2024	J-GAAP
YoY	+10.2%	+1.4%	+1.6%	+13.5%	+12.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	5,305	258	255	222	37.8	0	May 11, 2023	J-GAAP
Mar, 2024	6,928	757	751	440	73.4	0	May 13, 2024	J-GAAP
Mar, 2025 Guidance	8,171	952	944	569	93.9	0	Aug 13, 2024	J-GAAP
YoY	+17.9%	+25.8%	+25.7%	+29.3%	+27.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,578	206	205	139	23.3	13.1	Nov 7, 2023	J-GAAP
Oct - Dec, 2023	1,864	299	296	202	33.8	16.0	Feb 6, 2024	J-GAAP
Jan - Mar, 2024	2,003	215	213	73	12.2	10.7	May 13, 2024	J-GAAP
Apr - Jun, 2024	1,904	180	178	107	17.7	9.5	Aug 13, 2024	J-GAAP
Jul - Sep, 2024	2,005	251	249	150	24.8	12.5	Nov 12, 2024	J-GAAP
YoY	+27.1%	+21.8%	+21.5%	+7.9%	+6.6%