SCINEX, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 65%, Oct-Dec Ordinary Profit Decreases by 91%

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Fri Feb 7, 2025 3:40 pm JST Earnings

2376 SCINEX CORPORATION 【J-GAAP】

Earnings Report

SCINEX CORPORATION <2376> [TSE Std] announced its financial results after the market closed on February 7th (15:40). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 64.8% from the same period last year to 99 million yen. The progress rate toward the full-year plan of 610 million yen was 16.2%, also falling below the five-year average of 37.1%.

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 58.7% from the same period last year, reaching 511 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 13 million yen, a 91.0% decrease compared to the same period last year. The operating profit/loss margin drastically worsened from 4.4% in the same period last year to -1.3%.

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	10,290	111	219	105	18.9	39.9	Feb 3, 2023	J-GAAP
Apr - Dec, 2023	11,168	204	281	155	27.7	46.6	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	11,817	61	99	52	9.3	16.2	Feb 7, 2025	J-GAAP
YoY	+5.8%	-70.1%	-64.8%	-66.5%	-66.3%

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	8,197	476	467	304	54.3	15	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	7,682	437	524	342	61.0	15	Nov 8, 2024	J-GAAP
YoY	-6.3%	-8.2%	+12.2%	+12.5%	+12.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	14,293	484	549	312	55.8	12.50	May 12, 2023	J-GAAP
Mar, 2024	15,390	504	603	377	67.3	15	May 10, 2024	J-GAAP
Mar, 2025 Guidance	15,500	550	610	390	69.5	15	May 10, 2024	J-GAAP
YoY	+0.7%	+9.1%	+1.2%	+3.4%	+3.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	3,975	176	145	82	14.6	4.4	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	4,222	300	322	222	39.7	7.1	May 10, 2024	J-GAAP
Apr - Jun, 2024	3,880	75	108	59	10.6	1.9	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	3,938	38	-22	-11	-2.0	1.0	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	3,999	-52	13	4	0.7	-1.3	Feb 7, 2025	J-GAAP
YoY	+0.6%	－	-91.0%	-95.1%	-95.1%