Information Strategy and Technology Co.,Ltd., January-September (Third Quarter Cumulative) Ordinary Profit Decreases by 15%, July-September Ordinary Profit Decreases by 53%

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Wed Nov 13, 2024 3:30 pm JST Earnings

155A Information Strategy and Technology Co.,Ltd. 【J-GAAP】

Earnings Report

Information Strategy and Technology Co.,Ltd. <155A> [TSE-G] announced its financial results after the market closed on November 13th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2024 (January to September) decreased by 14.8% from the same period last year to 259 million yen. The progress rate against the 394 million yen full-year plan was 65.7%, also falling below the same period of the previous year of 79.0%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to December period (4Q) is expected to expand by 66.7% from the same period last year, reaching 135 million yen.

In the most recent three-month period, from July to September (3Q), the ordinary profit significantly dropped to 59 million yen, a 52.8% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.6% in the same period last year to 4.1%.

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, 2024	4,271	275	259	187	19.4	65.7	Nov 13, 2024	J-GAAP
YoY	－	－	－	－	－

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	2,696	209	206	144	17.0	0	Mar 28, 2024	J-GAAP
Jul - Dec, 2024 Guidance	2,992	203	194	132	12.8	0	Aug 13, 2024	J-GAAP
YoY	+11.0%	-2.9%	-5.8%	-8.3%	-24.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	5,298	388	385	275	32.4	0	Mar 28, 2024	J-GAAP
Dec, 2024 Guidance	5,811	419	394	286	27.7	0	Mar 28, 2024	J-GAAP
YoY	+9.7%	+8.0%	+2.3%	+4.0%	-14.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	1,390	83	81	56	6.6	6.0	Mar 28, 2024	J-GAAP
Jan - Mar, 2024	1,375	126	112	78	9.1	9.2	May 15, 2024	J-GAAP
Apr - Jun, 2024	1,444	90	88	76	8.1	6.2	Aug 13, 2024	J-GAAP
Jul - Sep, 2024	1,452	59	59	33	3.4	4.1	Nov 13, 2024	J-GAAP
YoY	－	－	－	－	－