EYEZ,INC., January-September (Third Quarter Cumulative) Ordinary Profit Decreases by 67%, Exceeds Full-Year Plan

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.

Thu Nov 14, 2024 3:30 pm JST Earnings

5242 EYEZ,INC. 【J-GAAP】

Earnings Report

EYEZ,INC. <5242> [TSE-G] announced its financial results after the market closed on November 14th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2024 (January to September) significantly dropped by 66.7% from the same period last year to 23 million yen. The progress rate against the full-year plan of 21 million yen is 109.5%, but was lower than the the same period of the previous year of 164.3%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary loss for the October to December period (4Q) is expected to further decrease to loss of 2 million yen (compared to a loss of 27 million yen in the same period last year).

In the most recent three-month period, from July to September (3Q), the ordinary loss expanded to a loss of 16 million yen (compared to a loss of 16 million yen in the same period last year). However, the operating profit/loss margin remained almost flat, changing from -6.8% in the same period last year to -6.7%.

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, 2023	754	70	69	43	43.3	164.3	Nov 14, 2023	J-GAAP
Jan - Sep, 2024	788	18	23	15	15.0	109.5	Nov 14, 2024	J-GAAP
YoY	+4.5%	-74.3%	-66.7%	-65.1%	-65.4%

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	500	-47	-43	-28	-28.0	0	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	512	-14	-18	-12	-11.8	0	Aug 14, 2024	J-GAAP
YoY	+2.4%	+70.2%	+58.1%	+57.1%	+57.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	847	157	142	96	119.6	0	Feb 14, 2023	J-GAAP
Dec, 2023	1,019	39	42	27	27.0	0	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	1,062	20	21	14	13.8	0	Feb 14, 2024	J-GAAP
YoY	+4.2%	-48.7%	-50.0%	-48.1%	-49.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	235	-16	-16	-12	-12.1	-6.8	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	265	-31	-27	-16	-16.0	-11.7	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	267	12	15	10	10.6	4.5	May 15, 2024	J-GAAP
Apr - Jun, 2024	283	22	24	16	16.0	7.8	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	238	-16	-16	-11	-11.0	-6.7	Nov 14, 2024	J-GAAP
YoY	+1.3%	0.0%	0.0%	+8.3%	+9.1%