CINC Corp., Last Fiscal Year Ordinary Profit Turns to Profit, Exceeds Expectations

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Fri Nov 29, 2024 4:00 pm JST Revision

4378 CINC Corp. 【J-GAAP】

Guidance Update Report

CINC Corp. <4378> [TSE Growth] announced a performance revision after the market closed on November 29th (16:00). The ordinary profit (non-consolidated) for the fiscal year ending October 2024 has been revised upward from an expected loss of 55 million yen to a profit of 65 million yen (compared to a profit of 77 million yen in the previous period), turning to a profit.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the May to October period (second half) ordinary profit has been revised upward from an expected loss of 88 million yen to a profit of 32 million yen (compared to a loss of 8 million yen in the same period of the previous year), turning to a profit.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2024 Prev	974	-88	-88	-59	-17.5	0	Jun 14, 2024	J-GAAP
May - Oct, 2024 New	1,024	29	32	29	8.8	0	Nov 29, 2024	J-GAAP
Revision Rate	+5.1%	－	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct, 2024 Prev	1,935	-55	-55	-37	-11.0	0	Jun 14, 2024	J-GAAP
Oct, 2024 New	1,985	62	65	51	15.5	0	Nov 29, 2024	J-GAAP
Revision Rate	+2.6%	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2023	933	-7	-8	-3	-0.9	0	Dec 8, 2023	J-GAAP
May - Oct, 2024 Guidance	1,024	29	32	29	8.8	0	Nov 29, 2024	J-GAAP
YoY	+9.8%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct, 2022	1,805	292	291	201	60.3	0	Dec 9, 2022	J-GAAP
Oct, 2023	1,945	78	77	5	1.6	0	Dec 8, 2023	J-GAAP
Oct, 2024 Guidance	1,985	62	65	51	15.5	0	Nov 29, 2024	J-GAAP
YoY	+2.1%	-20.5%	-15.6%	+920.0%	+891.7%