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HI-LEX, Last Fiscal Year Ordinary Profit Revised Downward to an Unexpected 49% Decrease

Thu Dec 12, 2024 3:15 pm JST Revision

7279 HI-LEX CORPORATION 【J-GAAP】

Guidance Update Report

HI-LEX CORPORATION <7279> [TSE Std] announced a performance revision in the afternoon session on December 12th (15:15). The consolidated ordinary profit for the fiscal year ending October 2024 has downwardly 49.5%, from the previous forecast of 5.4 billion yen to 2.72 billion yen (compared to 5.32 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 48.8% decrease in profit.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the May to October period (second half) consolidated ordinary profit has downwardly 78.4%, from the previous forecast of 3.41 billion yen to 738 million yen (compared to 5.6 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 39.2% to 86.8%.

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 139,800 2,637 3,411 2,108 56.2 20 Jun 7, 2024 J-GAAP
May - Oct, 2024 New 153,982 202 738 1,781 47.5 20 Dec 12, 2024 J-GAAP
Revision Rate +10.1% -92.3% -78.4% -15.5% -15.5%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2024 Prev 294,200 2,800 5,400 2,300 61.3 40 Jun 7, 2024 J-GAAP
Oct, 2024 New 308,382 365 2,727 1,973 52.6 40 Dec 12, 2024 J-GAAP
Revision Rate +4.8% -87.0% -49.5% -14.2% -14.2%

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 155,678 3,134 5,606 -2,031 -54.2 17 Dec 8, 2023 J-GAAP
May - Oct, 2024 Guidance 153,982 202 738 1,781 47.5 20 Dec 12, 2024 J-GAAP
YoY -1.1% -93.6% -86.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2022 255,616 -4,856 -2,474 -7,120 -189.9 34 Dec 9, 2022 J-GAAP
Oct, 2023 298,623 2,980 5,327 -2,991 -79.8 34 Dec 8, 2023 J-GAAP
Oct, 2024 Guidance 308,382 365 2,727 1,973 52.6 40 Dec 12, 2024 J-GAAP
YoY +3.3% -87.8% -48.8%

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