kabutan

INFRONEER, The Current Fiscal Year Net Income Revised Downward by 14%

Wed Feb 12, 2025 10:00 am JST Earnings

5076 INFRONEER Holdings Inc. 【J-GAAP】

Earnings Report

INFRONEER Holdings Inc. <5076> [TSE Prime] announced its financial results (based on IFRS) in the morning on February 12th (10:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 27.0% from the same period last year to 20.6 billion yen.

In addition, the full-year consolidated net income has decreased 14.1%, from the previous forecast of 38.4 billion yen to 33 billion yen (compared to 32.5 billion yen in the previous period), leading to a reduction in the profit growth rate from 17.9% to 1.3%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income for the October to March period (2H) has decreased 17.8%, from the previous forecast of 30.2 billion yen to 24.8 billion yen (compared to 16.2 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 86.5% to 53.3%.

In the most recent three-month period, from October to December (3Q), the consolidated net income grew 4.8% from the same period last year, reaching 12.5 billion yen. However, the operating profit margin worsened from 8.4% in the same period last year to 7.5%.

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 495,831 24,855 25,935 23,475 89.9 62.1 Feb 14, 2023 J-GAAP
Apr - Dec, 2023 570,081 41,459 41,914 28,287 112.9 84.8 Feb 9, 2024 IFRS
Apr - Dec, 2024 604,416 31,201 33,260 20,641 81.8 67.3 Feb 12, 2025 IFRS
YoY +6.0% -24.7% -20.6% -27.0% -27.5%

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 459,161 44,654 43,802 30,295 122.0 30 Nov 12, 2024 IFRS
Oct - Mar, 2024 New 462,461 33,354 36,502 24,895 100.2 30 Feb 12, 2025 IFRS
Revision Rate +0.7% -25.3% -16.7% -17.8% -17.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 839,900 59,000 56,700 38,400 154.6 60 May 15, 2024 IFRS
Mar, 2025 New 843,200 47,700 49,400 33,000 132.9 60 Feb 12, 2025 IFRS
Revision Rate +0.4% -19.2% -12.9% -14.1% -14.1%

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 434,432 27,272 25,121 16,243 65.1 35 May 15, 2024 IFRS
Oct - Mar, 2024 Guidance 462,461 33,354 36,502 24,895 100.2 30 Feb 12, 2025 IFRS
YoY +6.5% +22.3% +45.3% +53.3% +54.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 709,641 40,495 41,768 35,870 138.4 55 May 11, 2023 J-GAAP
Mar, 2024 793,264 51,060 49,439 32,571 130.5 60 May 15, 2024 IFRS
Mar, 2025 Guidance 843,200 47,700 49,400 33,000 132.9 60 Feb 12, 2025 IFRS
YoY +6.3% -6.6% -0.1% +1.3% +1.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 211,249 17,671 17,596 11,959 47.7 8.4 Feb 9, 2024 IFRS
Jan - Mar, 2024 223,183 9,601 7,525 4,284 17.2 4.3 May 15, 2024 IFRS
Apr - Jun, 2024 178,344 3,435 3,628 2,792 11.3 1.9 Aug 9, 2024 IFRS
Jul - Sep, 2024 202,395 10,911 9,270 5,313 20.4 5.4 Nov 12, 2024 IFRS
Oct - Dec, 2024 223,677 16,855 20,362 12,536 49.7 7.5 Feb 12, 2025 IFRS
YoY +5.9% -4.6% +15.7% +4.8% +4.1%

Related Articles