Frontier, Last Fiscal Year Ordinary Profit Revised Upward by 71%

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.

Wed Dec 25, 2024 3:30 pm JST Revision

4250 Frontier Inc. 【J-GAAP】

Guidance Update Report

Frontier Inc. <4250> [FSE Q-bd] announced a performance revision after the market closed on December 25th (15:30). The consolidated ordinary profit for the fiscal year ending November 2024 has been revised upward 70.6%, from the previous forecast of 17 million yen to 29 million yen (compared to 103 million yen in the previous period), and the declining rate is expected to decrease from 83.5% to 71.8%.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the June to November period (2H) consolidated ordinary profit has been revised upward 2.7 times, from the previous forecast of 7 million yen to 19 million yen (compared to 56 million yen in the same period of the previous year), and the declining rate is expected to decrease from 87.5% to 66.1%.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2024 Prev	934	5	7	7	10.1	10	Jul 12, 2024	J-GAAP
Jun - Nov, 2024 New	855	23	19	16	23.7	10	Dec 25, 2024	J-GAAP
Revision Rate	-8.5%	+360.0%	+171.4%	+128.6%	+134.6%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2024 Prev	1,712	6	17	17	24.5	10	Jul 12, 2024	J-GAAP
Nov, 2024 New	1,633	24	29	26	38.4	10	Dec 25, 2024	J-GAAP
Revision Rate	-4.6%	+300.0%	+70.6%	+52.9%	+57.0%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2023	1,297	61	56	51	73.9	15	Jan 15, 2024	J-GAAP
Jun - Nov, 2024 Guidance	855	23	19	16	23.7	10	Dec 25, 2024	J-GAAP
YoY	-34.1%	-62.3%	-66.1%	-68.6%	-68.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	1,917	60	44	39	56.3	15	Jan 13, 2023	J-GAAP
Nov, 2023	2,161	112	103	81	117.4	25	Jan 15, 2024	J-GAAP
Nov, 2024 Guidance	1,633	24	29	26	38.4	10	Dec 25, 2024	J-GAAP
YoY	-24.4%	-78.6%	-71.8%	-67.9%	-67.3%