kabutan

MT GENEX, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 32%, Oct-Dec Ordinary Profit Decreases by 42%

Fri Feb 7, 2025 3:30 pm JST Earnings

9820 MT GENEX CORPORATION 【J-GAAP】

Earnings Report

MT GENEX CORPORATION <9820> [TSE Std] announced its financial results after the market closed on February 7th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 31.8% from the same period last year to 274 million yen. The progress rate toward the full-year plan of 337 million yen was 81.3%, also surpassing the five-year average of 66.7%.

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 grow 26.0% from the same period last year, reaching 63 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 83 million yen, a 41.5% decrease compared to the same period last year. The operating profit margin significantly dropped from 14.7% in the same period last year to 8.8%.

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 2,395 249 260 169 157.6 68.1 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 2,952 390 402 253 235.4 88.9 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 2,775 258 274 165 153.7 81.3 Feb 7, 2025 J-GAAP
YoY -6.0% -33.8% -31.8% -34.8% -34.7%

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 1,769 185 192 117 108.9 40 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,984 143 146 87 80.8 40 Nov 8, 2024 J-GAAP
YoY +12.2% -22.7% -24.0% -25.6% -25.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,263 364 382 241 224.5 40 May 12, 2023 J-GAAP
Mar, 2024 3,790 438 452 277 257.9 40 May 13, 2024 J-GAAP
Mar, 2025 Guidance 3,861 322 337 200 185.8 40 May 13, 2024 J-GAAP
YoY +1.9% -26.5% -25.4% -27.8% -27.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 931 137 142 93 86.6 14.7 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 838 48 50 24 22.3 5.7 May 13, 2024 J-GAAP
Apr - Jun, 2024 856 58 66 34 32.3 6.8 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 1,021 121 125 79 73.5 11.9 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 898 79 83 52 48.4 8.8 Feb 7, 2025 J-GAAP
YoY -3.5% -42.3% -41.5% -44.1% -44.0%

Related Articles