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MICREED, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 14%, Oct-Dec Ordinary Profit Increases by 16%

Thu Jan 30, 2025 4:00 pm JST Earnings

7687 MICREED Co.,Ltd. 【J-GAAP】

Earnings Report

MICREED Co.,Ltd. <7687> [TSE Growth] announced its financial results after the market closed on January 30th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 14.4% from the same period last year, reaching 350 million yen. The progress rate toward the full-year plan of 365 million yen was 95.9%, almost the same as the five-year average of 95.4%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to decrease 6.3% from the same period last year to 15 million yen.

In the most recent three-month period, from October to December (3Q), the ordinary profit grew 16.1% from the same period last year, reaching 159 million yen. The operating profit margin remained almost flat, changing from 8.7% in the same period last year to 8.7%.

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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 3,423 156 158 103 15.9 80.6 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 4,493 306 306 200 30.6 95.0 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 5,149 350 350 229 34.8 95.9 Jan 30, 2025 J-GAAP
YoY +14.6% +14.4% +14.4% +14.5% +13.9%

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 3,033 154 153 112 17.1 3.37 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 3,538 175 174 121 18.4 3.70 Oct 31, 2024 J-GAAP
YoY +16.7% +13.6% +13.7% +8.0% +7.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 4,668 194 196 134 20.6 4.13 May 12, 2023 J-GAAP
Mar, 2024 5,936 322 322 222 33.9 6.77 May 15, 2024 J-GAAP
Mar, 2025 Guidance 6,850 365 365 245 37.2 7.50 Oct 31, 2024 J-GAAP
YoY +15.4% +13.4% +13.4% +10.4% +9.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,590 138 137 90 13.8 8.7 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 1,443 16 16 22 3.4 1.1 May 15, 2024 J-GAAP
Apr - Jun, 2024 1,594 90 91 59 9.1 5.6 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 1,718 100 100 65 9.9 5.8 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 1,837 160 159 105 16.0 8.7 Jan 30, 2025 J-GAAP
YoY +15.5% +15.9% +16.1% +16.7% +16.1%

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