kabutan

ViSCO Technologies Corporation, First Half Ordinary Profit Turns to Profit

Wed Nov 13, 2024 3:30 pm JST Earnings

6698 ViSCO Technologies Corporation 【J-GAAP】

Earnings Report

ViSCO Technologies Corporation <6698> [TSE-S] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 91 million yen (compared to a loss of 65 million yen in the same period last year). The progress rate against the 200 million yen full-year plan was 45.5%, exceeding the five-year average of 35.5%.

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 expand by 78.7% from the same period last year, reaching 109 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 43 million yen, an increase of 2.4% compared to the same period last year. The operating profit/loss margin drastically improved from -5.3% in the same period last year to 5.6%.

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 1,559 0 15 -23 -3.8 6.1 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 1,453 -153 -65 -37 -6.1 ー Nov 13, 2023 J-GAAP
Apr - Sep, 2024 1,703 88 91 -115 -19.6 45.5 Nov 13, 2024 J-GAAP
YoY +17.2% － － -210.8% -221.1%

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 Aug 8, 2024 J-GAAP
Apr - Sep, 2024 Results 1,703 88 91 -115 -19.6 0 Nov 13, 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 1,750 62 61 -131 -21.9 10 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,017 112 109 128 21.6 0 Nov 13, 2024 J-GAAP
YoY +15.3% +80.6% +78.7% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,524 229 244 102 16.6 8 May 10, 2023 J-GAAP
Mar, 2024 3,203 -91 -4 -168 -28.1 10 May 13, 2024 J-GAAP
Mar, 2025 Guidance 3,720 200 200 13 2.2 0 Aug 8, 2024 J-GAAP
YoY +16.1% － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 795 -42 42 40 6.6 -5.3 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 856 8 8 -191 -31.7 0.9 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 894 54 53 60 10.0 6.0 May 13, 2024 J-GAAP
Apr - Jun, 2024 839 40 48 -3 -0.6 4.8 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 864 48 43 -112 -19.1 5.6 Nov 13, 2024 J-GAAP
YoY +8.7% － +2.4% － －

Related Articles