kabutan

Systena, The Current Fiscal Year Ordinary Profit Revised Downward by 1%

Thu Feb 6, 2025 4:00 pm JST Earnings

2317 Systena Corporation 【J-GAAP】

Earnings Report

Systena Corporation <2317> [TSE Prime] announced its financial results after the market closed on February 6th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 21.2% from the same period last year, reaching 8.6 billion yen.

However, the full-year consolidated ordinary profit has decreased 0.7%, from the previous forecast of 11.5 billion yen to 11.4 billion yen (compared to 9.94 billion yen in the previous period), leading to a reduction in the profit growth rate from 15.7% to 14.9%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has decreased 1.2%, from the previous forecast of 6.09 billion yen to 6.01 billion yen (compared to 5.6 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 8.6% to 7.3%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 15.5% from the same period last year, reaching 3.19 billion yen. The operating profit margin rose from 13.5% in the same period last year to 15.3%.

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 54,334 7,013 7,185 4,908 12.7 72.2 Feb 2, 2023 J-GAAP
Apr - Dec, 2023 57,140 7,025 7,095 4,844 12.5 71.4 Feb 6, 2024 J-GAAP
Apr - Dec, 2024 60,564 8,714 8,600 5,917 16.0 75.3 Feb 6, 2025 J-GAAP
YoY +6.0% +24.0% +21.2% +22.2% +28.3%

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 47,408 5,927 6,090 4,324 12.1 6 Oct 31, 2024 J-GAAP
Oct - Mar, 2024 New 41,408 5,927 6,015 4,274 12.0 6 Feb 6, 2025 J-GAAP
Revision Rate -12.7% 0.0% -1.2% -1.2% -1.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 87,500 11,500 11,500 8,050 22.5 12 Oct 31, 2024 J-GAAP
Mar, 2025 New 81,500 11,500 11,425 8,000 22.4 12 Feb 6, 2025 J-GAAP
Revision Rate -6.9% 0.0% -0.7% -0.6% -0.6%

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 39,419 5,345 5,608 4,256 11.0 5 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 41,408 5,927 6,015 4,274 12.0 6 Feb 6, 2025 J-GAAP
YoY +5.0% +10.9% +7.3% +0.4% +8.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 74,526 9,844 9,955 7,317 18.9 8 May 11, 2023 J-GAAP
Mar, 2024 76,940 9,713 9,942 7,232 18.7 10 May 13, 2024 J-GAAP
Mar, 2025 Guidance 81,500 11,500 11,425 8,000 22.4 12 Feb 6, 2025 J-GAAP
YoY +5.9% +18.4% +14.9% +10.6% +19.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 19,619 2,657 2,761 1,868 4.8 13.5 Feb 6, 2024 J-GAAP
Jan - Mar, 2024 19,800 2,688 2,847 2,388 6.2 13.6 May 13, 2024 J-GAAP
Apr - Jun, 2024 19,746 2,643 2,651 1,816 4.7 13.4 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 20,346 2,930 2,759 1,910 5.1 14.4 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 20,472 3,141 3,190 2,191 5.9 15.3 Feb 6, 2025 J-GAAP
YoY +4.3% +18.2% +15.5% +17.3% +23.2%

Related Articles