kabutan

Newtech, Sep-Nov (3Q) Ordinary Profit Increases by 7.5 times

Wed Jan 8, 2025 3:30 pm JST Earnings

6734 Newtech Co., Ltd. 【J-GAAP】

Earnings Report

Newtech Co., Ltd. <6734> [TSE Std] announced its financial results after the market closed on January 8th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2025 (March to November) decreased 18.5% from the same period last year to 176 million yen. The progress rate toward the full-year plan of 442 million yen was 39.8%, also falling below the five-year average of 57.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the December to February period (4Q) is expected to expand 49.4% from the same period last year, reaching 266 million yen.

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit surged 7.5 times that of the same period last year, reaching 30 million yen. The operating profit margin improved from 0.3% in the same period last year to 2.8%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Mar - Nov, 2022 2,421 269 273 194 101.5 60.4 Jan 6, 2023 J-GAAP
Mar - Nov, 2023 2,506 206 216 159 83.2 54.8 Jan 9, 2024 J-GAAP
Mar - Nov, 2024 3,165 168 176 132 68.7 39.8 Jan 8, 2025 J-GAAP
YoY +26.3% -18.4% -18.5% -17.0% -17.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2023 1,929 158 182 132 69.1 50 Apr 12, 2024 J-GAAP
Sep - Feb, 2024 Guidance 2,073 302 296 219 113.4 50 Sep 26, 2024 J-GAAP
YoY +7.5% +91.1% +62.6% +65.9% +64.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 3,657 448 452 319 166.9 40 Apr 12, 2023 J-GAAP
Feb, 2024 3,711 362 394 290 151.8 50 Apr 12, 2024 J-GAAP
Feb, 2025 Guidance 4,211 441 442 326 168.8 50 Apr 12, 2024 J-GAAP
YoY +13.5% +21.8% +12.2% +12.4% +11.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 724 2 4 1 0.5 0.3 Jan 9, 2024 J-GAAP
Dec - Feb, 2023 1,205 156 178 131 68.6 12.9 Apr 12, 2024 J-GAAP
Mar - May, 2024 705 18 23 16 8.7 2.6 Jul 5, 2024 J-GAAP
Jun - Aug, 2024 1,433 121 123 91 47.6 8.4 Oct 4, 2024 J-GAAP
Sep - Nov, 2024 1,027 29 30 25 13.0 2.8 Jan 8, 2025 J-GAAP
YoY +41.9% +1,350.0% +650.0% +2,400.0% +2,403.8%

Related Articles