Ascentech K.K., The Current Fiscal Year Ordinary Profit Revised Upward by 14%, Exceeded record profit forecast, Dividend Revised Upward by 5 yen

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Tue Nov 26, 2024 3:30 pm JST Revision

3565 Ascentech K.K. 【J-GAAP】

Guidance Update Report

Ascentech K.K. <3565> [TSE Std] announced a revision to its performance and dividend after the market closed on November 26th (15:30). The consolidated ordinary profit for the fiscal year ending January 2025 has been revised upward by 13.7%, from the previous forecast of 950 million yen to 1.08 billion yen (compared to 702 million yen in the previous period), increasing the growth rate from 35.3% to 53.8%. The company has further increased its previous forecast of record profits for the first time in three years.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the August to January period (second half) consolidated ordinary profit is expected to increase by 27.3%, from the previous forecast of 476 million yen to 606 million yen (compared to 321 million yen in the same period of the previous year), increasing the growth rate from 48.3% to 88.8%.

In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 10 yen to 15 yen (compared to 10 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug - Jan, 2024 Prev	4,250	476	476	325	23.3	10	Sep 11, 2024	J-GAAP
Aug - Jan, 2024 New	6,250	689	606	410	29.3	15	Nov 26, 2024	J-GAAP
Revision Rate	+47.1%	+44.7%	+27.3%	+26.2%	+26.1%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2025 Prev	10,000	717	950	650	46.5	10	Sep 11, 2024	J-GAAP
Jan, 2025 New	12,000	930	1,080	735	52.6	15	Nov 26, 2024	J-GAAP
Revision Rate	+20.0%	+29.7%	+13.7%	+13.1%	+13.1%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug - Jan, 2023	2,885	295	321	222	16.8	10	Mar 15, 2024	J-GAAP
Aug - Jan, 2024 Guidance	6,250	689	606	410	29.3	15	Nov 26, 2024	J-GAAP
YoY	+116.6%	+133.6%	+88.8%	+84.7%	+75.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2023	6,315	603	617	439	32.9	7	Mar 15, 2023	J-GAAP
Jan, 2024	6,226	607	702	480	36.2	10	Mar 15, 2024	J-GAAP
Jan, 2025 Guidance	12,000	930	1,080	735	52.6	15	Nov 26, 2024	J-GAAP
YoY	+92.7%	+53.2%	+53.8%	+53.1%	+45.2%