kabutan

MEITEC Group, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 6%, Oct-Dec Ordinary Profit Increases by 9%

Thu Jan 30, 2025 11:30 am JST Earnings

9744 MEITEC Group Holdings Inc. 【J-GAAP】

Earnings Report

MEITEC Group Holdings Inc. <9744> [TSE Prime] announced its financial results at noon (11:30) on January 30th. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 6.4% from the same period last year, reaching 15.2 billion yen. The progress rate toward the full-year plan of 18.3 billion yen was 83.3%, also surpassing the five-year average of 76.2%.

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 January to March period (4Q) is expected to decrease 8.6% from the same period last year to 3.04 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 8.7% from the same period last year, reaching 6.2 billion yen. The operating profit margin rose from 17.3% in the same period last year to 17.9%.

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 88,696 12,385 12,447 8,490 106.2 75.3 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 95,497 14,327 14,335 9,804 125.1 81.1 Feb 1, 2024 J-GAAP
Apr - Dec, 2024 100,398 15,212 15,253 9,801 127.0 83.3 Jan 30, 2025 J-GAAP
YoY +5.1% +6.2% +6.4% 0.0% +1.5%

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 64,423 9,040 9,042 6,593 84.4 70 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 67,463 9,180 9,252 6,362 82.4 97 Oct 31, 2024 J-GAAP
YoY +4.7% +1.5% +2.3% -3.5% -2.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 119,069 16,462 16,540 12,252 153.9 102 May 11, 2023 J-GAAP
Mar, 2024 126,976 17,660 17,667 12,343 158.0 114 May 9, 2024 J-GAAP
Mar, 2025 Guidance 133,300 18,200 18,300 11,900 154.1 185 Oct 31, 2024 J-GAAP
YoY +5.0% +3.1% +3.6% -3.6% -2.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 32,944 5,707 5,710 4,054 51.7 17.3 Feb 1, 2024 J-GAAP
Jan - Mar, 2024 31,479 3,333 3,332 2,539 32.5 10.6 May 9, 2024 J-GAAP
Apr - Jun, 2024 32,910 4,767 4,780 3,223 41.8 14.5 Aug 1, 2024 J-GAAP
Jul - Sep, 2024 32,927 4,253 4,268 2,315 30.0 12.9 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 34,561 6,192 6,205 4,263 55.2 17.9 Jan 30, 2025 J-GAAP
YoY +4.9% +8.5% +8.7% +5.2% +6.7%

Related Articles