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Cominix, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 31%, Oct-Dec Ordinary Profit Decreases by 65%

Fri Feb 7, 2025 3:30 pm JST Earnings

3173 Cominix Co.,Ltd. 【J-GAAP】

Earnings Report

Cominix Co.,Ltd. <3173> [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 31.1% from the same period last year to 413 million yen. The progress rate toward the full-year plan of 827 million yen was 49.9%, also falling below the five-year average of 77.4%.

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 71.8% from the same period last year, reaching 414 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 95 million yen, a 64.8% decrease compared to the same period last year. The operating profit margin worsened from 3.6% in the same period last year to 1.4%.

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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 21,568 720 893 599 87.4 84.7 Feb 1, 2023 J-GAAP
Apr - Dec, 2023 21,525 523 599 371 54.1 71.3 Feb 1, 2024 J-GAAP
Apr - Dec, 2024 21,097 338 413 213 31.1 49.9 Feb 7, 2025 J-GAAP
YoY -2.0% -35.4% -31.1% -42.6% -42.5%

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 14,701 503 511 356 51.9 18 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 15,959 610 509 449 65.4 20 Nov 1, 2024 J-GAAP
YoY +8.6% +21.3% -0.4% +26.1% +26.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 28,853 948 1,054 742 108.2 33 May 10, 2023 J-GAAP
Mar, 2024 28,644 752 840 539 78.6 33 May 9, 2024 J-GAAP
Mar, 2025 Guidance 30,000 850 827 614 89.4 35 May 9, 2024 J-GAAP
YoY +4.7% +13.0% -1.5% +13.9% +13.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 7,582 274 270 188 27.4 3.6 Feb 1, 2024 J-GAAP
Jan - Mar, 2024 7,119 229 241 168 24.5 3.2 May 9, 2024 J-GAAP
Apr - Jun, 2024 6,944 49 98 25 3.7 0.7 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 7,097 191 220 140 20.4 2.7 Nov 1, 2024 J-GAAP
Oct - Dec, 2024 7,056 98 95 48 7.0 1.4 Feb 7, 2025 J-GAAP
YoY -6.9% -64.2% -64.8% -74.5% -74.4%

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