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Neturen, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 19%, Oct-Dec Ordinary Profit Decreases by 43%

Fri Feb 7, 2025 3:30 pm JST Earnings

5976 Neturen Co., Ltd. 【J-GAAP】

Earnings Report

Neturen Co., Ltd. <5976> [TSE Prime] 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) decreased 18.9% from the same period last year to 1.62 billion yen. The progress rate toward the full-year plan of 2.6 billion yen was 62.5%, also falling below the five-year average of 66.8%.

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 expand 92.9% from the same period last year, reaching 0.97 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.47 billion yen, a 42.7% decrease compared to the same period last year. The operating profit margin worsened from 3.8% in the same period last year to 1.7%.

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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 43,017 1,976 2,662 1,518 39.1 86.2 Feb 7, 2023 J-GAAP
Apr - Dec, 2023 43,163 1,260 2,006 1,308 35.4 79.9 Feb 7, 2024 J-GAAP
Apr - Dec, 2024 41,947 1,079 1,626 888 25.0 62.5 Feb 7, 2025 J-GAAP
YoY -2.8% -14.4% -18.9% -32.1% -29.2%

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 28,903 942 1,329 864 23.5 25 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 32,998 1,146 1,446 985 28.7 25 Nov 8, 2024 J-GAAP
YoY +14.2% +21.7% +8.8% +14.0% +22.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 57,524 2,396 3,088 381 9.9 30 May 11, 2023 J-GAAP
Mar, 2024 57,205 1,632 2,511 1,542 41.9 49 May 9, 2024 J-GAAP
Mar, 2025 Guidance 62,000 2,000 2,600 1,600 46.7 50 May 9, 2024 J-GAAP
YoY +8.4% +22.5% +3.5% +3.8% +11.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 14,861 570 824 630 17.0 3.8 Feb 7, 2024 J-GAAP
Jan - Mar, 2024 14,042 372 505 234 6.4 2.6 May 9, 2024 J-GAAP
Apr - Jun, 2024 13,975 394 679 374 10.4 2.8 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 15,027 460 475 241 6.7 3.1 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 12,945 225 472 273 7.7 1.7 Feb 7, 2025 J-GAAP
YoY -12.9% -60.5% -42.7% -56.7% -54.8%

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