TESEC, The Current Fiscal Year Ordinary Profit Revised Upward by 63%

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.

Tue Jan 28, 2025 3:30 pm JST Earnings

6337 TESEC Corporation 【J-GAAP】

Earnings Report

TESEC Corporation <6337> [TSE Std] announced its financial results after the market closed on January 28th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 61.1% from the same period last year to 0.58 billion yen.

However, the full-year consolidated ordinary profit has been revised upward 62.5%, from the previous forecast of 0.48 billion yen to 0.78 billion yen (compared to 2.13 billion yen in the previous period), and the declining rate is expected to decrease from 77.5% to 63.5%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has been revised upward 96.5%, from the previous forecast of 0.31 billion yen to 0.61 billion yen (compared to 1.06 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 70.8% to 42.6%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 0.41 billion yen, a 2.4% decrease compared to the same period last year. The operating profit margin significantly dropped from 20.5% in the same period last year to 12.5%.

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
Apr - Dec, 2022	6,612	1,684	2,029	1,659	293.6	80.7	Jan 31, 2023	J-GAAP
Apr - Dec, 2023	6,471	1,211	1,494	1,048	187.7	69.9	Jan 30, 2024	J-GAAP
Apr - Dec, 2024	4,268	370	581	419	75.9	74.5	Jan 28, 2025	J-GAAP
YoY	-34.0%	-69.4%	-61.1%	-60.0%	-59.6%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	3,093	218	311	211	38.5	70	Oct 29, 2024	J-GAAP
Oct - Mar, 2024 New	3,093	318	611	391	71.4	70	Jan 28, 2025	J-GAAP
Revision Rate	0.0%	+45.9%	+96.5%	+85.3%	+85.3%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	5,700	380	480	340	62.1	70	Oct 29, 2024	J-GAAP
Mar, 2025 New	5,700	480	780	520	94.9	70	Jan 28, 2025	J-GAAP
Revision Rate	0.0%	+26.3%	+62.5%	+52.9%	+52.9%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	4,337	969	1,065	758	136.0	70	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	3,093	318	611	391	71.4	70	Jan 28, 2025	J-GAAP
YoY	-28.7%	-67.2%	-42.6%	-48.4%	-47.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	8,743	2,133	2,513	2,255	399.9	100	May 9, 2023	J-GAAP
Mar, 2024	8,619	1,731	2,137	1,515	271.9	70	May 14, 2024	J-GAAP
Mar, 2025 Guidance	5,700	480	780	520	94.9	70	Jan 28, 2025	J-GAAP
YoY	-33.9%	-72.3%	-63.5%	-65.7%	-65.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	2,189	449	422	291	52.1	20.5	Jan 30, 2024	J-GAAP
Jan - Mar, 2024	2,148	520	643	467	83.8	24.2	May 14, 2024	J-GAAP
Apr - Jun, 2024	1,294	21	119	82	14.9	1.6	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	1,313	141	50	47	8.5	10.7	Oct 29, 2024	J-GAAP
Oct - Dec, 2024	1,661	208	412	290	52.5	12.5	Jan 28, 2025	J-GAAP
YoY	-24.1%	-53.7%	-2.4%	-0.3%	+0.7%