XNET, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 25%, Oct-Dec Ordinary Profit Decreases by 16%

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.

Fri Jan 31, 2025 4:00 pm JST Earnings

4762 XNET Corporation 【J-GAAP】

Earnings Report

XNET Corporation <4762> [TSE Std] announced its financial results after the market closed on January 31st (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 25.0% from the same period last year to 627 million yen. The progress rate toward the full-year plan of 850 million yen was 73.8%, almost the same as the five-year average of 72.0%.

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 15.8% from the same period last year to 223 million yen.

In the most recent three-month period, from October to December (3Q), the ordinary profit decreased to 236 million yen, a 15.7% decrease compared to the same period last year. The operating profit margin decreased from 19.4% in the same period last year to 17.8%.

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
Apr - Dec, 2022	3,996	715	741	502	60.8	75.2	Jan 31, 2023	J-GAAP
Apr - Dec, 2023	4,162	810	836	567	68.7	75.9	Jan 31, 2024	J-GAAP
Apr - Dec, 2024	3,961	640	627	421	91.2	73.8	Jan 31, 2025	J-GAAP
YoY	-4.8%	-21.0%	-25.0%	-25.7%	+32.8%

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	2,785	528	545	364	44.1	15	Apr 30, 2024	J-GAAP
Oct - Mar, 2024 Guidance	2,662	475	459	308	73.7	22.50	Oct 31, 2024	J-GAAP
YoY	-4.4%	-10.0%	-15.8%	-15.4%	+67.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	5,357	950	985	694	84.0	30	Apr 28, 2023	J-GAAP
Mar, 2024	5,547	1,066	1,101	741	89.7	30	Apr 30, 2024	J-GAAP
Mar, 2025 Guidance	5,300	880	850	570	136.4	45	Apr 30, 2024	J-GAAP
YoY	-4.5%	-17.4%	-22.8%	-23.1%	+52.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	1,400	272	280	190	23.0	19.4	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	1,385	256	265	174	21.1	18.5	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	1,333	196	179	119	21.6	14.7	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	1,305	209	212	143	29.6	16.0	Oct 31, 2024	J-GAAP
Oct - Dec, 2024	1,323	235	236	159	34.4	17.8	Jan 31, 2025	J-GAAP
YoY	-5.5%	-13.6%	-15.7%	-16.3%	+49.6%