sinops Inc., The Current Fiscal Year Ordinary Profit Revised Downward to an Unexpected 46% Decrease

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Fri Nov 29, 2024 8:00 am JST Revision

4428 sinops Inc. 【J-GAAP】

Guidance Update Report

sinops Inc. <4428> [TSE Growth] announced a performance revision in the morning on November 29th (08:00). The ordinary profit (non-consolidated) for the fiscal year ending December 2024 has downwardly by 57.4%, from the previous forecast of 340 million yen to 145 million yen (compared to 269 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 46.1% decrease in profit.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (second half) ordinary profit has downwardly by 61.7%, from the previous forecast of 316 million yen to 121 million yen (compared to 133 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 9.0% decrease in profit.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2024 Prev	1,295	317	316	224	36.0	8	Aug 14, 2024	J-GAAP
Jul - Dec, 2024 New	955	122	121	89	14.3	8	Nov 29, 2024	J-GAAP
Revision Rate	-26.3%	-61.5%	-61.7%	-60.3%	-60.3%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Prev	2,120	340	340	238	38.2	15	Feb 13, 2024	J-GAAP
Dec, 2024 New	1,780	145	145	103	16.5	15	Nov 29, 2024	J-GAAP
Revision Rate	-16.0%	-57.4%	-57.4%	-56.7%	-56.7%

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	901	133	133	117	18.9	13	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	955	122	121	89	14.3	8	Nov 29, 2024	J-GAAP
YoY	+6.0%	-8.3%	-9.0%	-23.9%	-24.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	1,455	224	224	153	24.9	0	Feb 13, 2023	J-GAAP
Dec, 2023	1,728	270	269	206	33.3	13	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	1,780	145	145	103	16.5	15	Nov 29, 2024	J-GAAP
YoY	+3.0%	-46.3%	-46.1%	-50.0%	-50.3%