iRidge, The Current Fiscal Year Ordinary Profit Revised Upward by 73%

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 Feb 7, 2025 3:00 pm JST Earnings

3917 iRidge,Inc. 【J-GAAP】

Earnings Report

iRidge,Inc. <3917> [TSE Growth] announced its financial results in the afternoon session on February 7th (15:00). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 140 million yen (compared to a loss of 354 million yen in the same period last year).

In addition, the full-year consolidated ordinary profit has been revised upward 72.7%, from the previous forecast of 110 million yen to 190 million yen (compared to a loss of 87 million yen in the previous period).

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 2.7 times, from the previous forecast of 46 million yen to 126 million yen (compared to 237 million yen in the same period of the previous year), and the declining rate is expected to decrease from 80.6% to 46.8%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 76 million yen (compared to a loss of 30 million yen in the same period last year). The operating profit/loss margin drastically improved from -2.1% in the same period last year to 4.8%.

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	3,689	92	98	49	7.0	25.2	Feb 10, 2023	J-GAAP
Apr - Dec, 2023	3,849	-360	-354	-262	-36.8	ー	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	4,677	146	140	75	10.1	73.7	Feb 7, 2025	J-GAAP
YoY	+21.5%	－	－	－	－

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	3,332	52	46	36	4.6	0	Nov 8, 2024	J-GAAP
Oct - Mar, 2024 New	3,432	132	126	86	11.0	0	Feb 7, 2025	J-GAAP
Revision Rate	+3.0%	+153.8%	+173.9%	+138.9%	+138.7%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	6,400	120	110	70	9.0	0	May 10, 2024	J-GAAP
Mar, 2025 New	6,500	200	190	120	15.4	0	Feb 7, 2025	J-GAAP
Revision Rate	+1.6%	+66.7%	+72.7%	+71.4%	+71.4%

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	3,288	239	237	-916	-128.3	0	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	3,432	132	126	86	11.0	0	Feb 7, 2025	J-GAAP
YoY	+4.4%	-44.8%	-46.8%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	5,418	378	389	175	24.9	0	May 12, 2023	J-GAAP
Mar, 2024	5,712	-91	-87	-1,156	-161.9	0	May 10, 2024	J-GAAP
Mar, 2025 Guidance	6,500	200	190	120	15.4	0	Feb 7, 2025	J-GAAP
YoY	+13.8%	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	1,425	-30	-30	-22	-3.1	-2.1	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	1,863	269	267	-894	-125.2	14.4	May 10, 2024	J-GAAP
Apr - Jun, 2024	1,332	-40	-45	-49	-6.6	-3.0	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	1,736	108	109	83	11.2	6.2	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	1,609	78	76	41	5.5	4.8	Feb 7, 2025	J-GAAP
YoY	+12.9%	－	－	－	－