RECOMM CO.,LTD., 5.2 times Increase in Net Income, Record High for The First Time in Three Years

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

3323 RECOMM CO.,LTD. 【IFRS】

Earnings Report

RECOMM CO.,LTD. <3323> [TSE-S] announced its financial results (based on IFRS) after the market closed on November 14th (15:30). The consolidated net income for the fiscal year ending September 2024 dropped by 73.6% from the previous period to 83 million yen. For the fiscal year ending September 2025, the profit is expected to surge by 5.2 times the previous term, reaching 430 million yenExpected to reach record high profits for the first time in three years.

In the most recent three-month period, from July to September (4Q), the consolidated net income/loss turned to a loss of 2 million yen (compared to a profit of 113 million yen in the same period last year). The operating profit margin worsened from 5.6% in the same period last year to 3.4%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2022	8,920	413	457	351	4.3	1	Nov 14, 2022	IFRS
Sep, 2023	9,510	450	490	314	3.9	1.60	Nov 14, 2023	IFRS
Sep, 2024	11,687	269	307	83	1.0	1.60	Nov 14, 2024	IFRS
YoY	+22.9%	-40.2%	-37.3%	-73.6%	-73.4%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2024 Guidance	11,687	269	ー	84	1.0	1.60	Nov 12, 2024	IFRS
Sep, 2024 Results	11,687	269	307	83	1.0	1.60	Nov 14, 2024	IFRS
Revision Rate	0.0%	0.0%	－	-1.2%	0.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	5,501	178	212	128	1.6	0	May 15, 2024	IFRS
Oct - Mar, 2024 Guidance	6,800	220	220	120	1.5	0	Nov 14, 2024	IFRS
YoY	+23.6%	+23.6%	+3.8%	-6.3%	-5.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2023	9,510	450	490	314	3.9	1.60	Nov 14, 2023	IFRS
Sep, 2024	11,687	269	307	83	1.0	1.60	Nov 14, 2024	IFRS
Sep, 2025 Guidance	14,800	700	700	430	5.3	1.60	Nov 14, 2024	IFRS
YoY	+26.6%	+160.2%	+128.0%	+418.1%	+413.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,641	149	161	113	1.4	5.6	Nov 14, 2023	IFRS
Oct - Dec, 2023	2,858	2	45	45	0.6	0.1	Feb 14, 2024	IFRS
Jan - Mar, 2024	2,643	176	167	83	1.0	6.7	May 15, 2024	IFRS
Apr - Jun, 2024	2,709	-28	-41	-43	-0.5	-1.0	Aug 9, 2024	IFRS
Jul - Sep, 2024	3,477	119	136	-2	0.0	3.4	Nov 14, 2024	IFRS
YoY	+31.7%	-20.1%	-15.5%	－	－