RIX, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 2% Increase, Raises Record High Profit, Dividend Revised Upward by 12 yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Feb 13, 2025 2:00 pm JST Earnings

7525 RIX CORPORATION 【J-GAAP】

Earnings Report

RIX CORPORATION <7525> [TSE Prime] announced its financial results in the afternoon session on February 13th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 3.8% from the same period last year to 3.02 billion yen.

However, the full-year consolidated ordinary profit has been revised upward 9.6%, from the previous forecast of 3.66 billion yen to 4.01 billion yen (compared to 3.93 billion yen in the previous period), record profits reach three consecutive terms, turning to a 1.9% increase in the consolidated ordinary profit outlook.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) is expected to increase 19.8%, from the previous forecast of 1.76 billion yen to 2.11 billion yen (compared to 1.9 billion yen in the same period of the previous year), turning to a 11.2% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 120 yen to 132 yen (compared to 141 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 1.13 billion yen, an increase of 1.5% compared to the same period last year. However, the operating profit margin worsened from 7.7% in the same period last year to 7.1%.

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	32,961	2,332	2,696	1,850	227.3	71.9	Feb 9, 2023	J-GAAP
Apr - Dec, 2023	37,052	2,795	3,149	2,200	272.1	80.0	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	40,515	2,733	3,028	1,973	243.8	75.5	Feb 13, 2025	J-GAAP
YoY	+9.3%	-2.2%	-3.8%	-10.3%	-10.4%

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	25,991	1,754	1,767	1,227	151.5	67	Nov 12, 2024	J-GAAP
Oct - Mar, 2024 New	27,991	1,984	2,117	1,457	179.9	79	Feb 13, 2025	J-GAAP
Revision Rate	+7.7%	+13.1%	+19.8%	+18.7%	+18.7%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	52,000	3,450	3,660	2,440	301.3	120	Nov 12, 2024	J-GAAP
Mar, 2025 New	54,000	3,680	4,010	2,670	329.7	132	Feb 13, 2025	J-GAAP
Revision Rate	+3.8%	+6.7%	+9.6%	+9.4%	+9.4%

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	26,096	1,787	1,903	1,360	168.3	71	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	27,991	1,984	2,117	1,457	179.9	79	Feb 13, 2025	J-GAAP
YoY	+7.3%	+11.0%	+11.2%	+7.1%	+6.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	45,223	3,326	3,748	2,763	340.0	135	May 16, 2023	J-GAAP
Mar, 2024	49,752	3,544	3,934	2,779	343.8	141	May 15, 2024	J-GAAP
Mar, 2025 Guidance	54,000	3,680	4,010	2,670	329.7	132	Feb 13, 2025	J-GAAP
YoY	+8.5%	+3.8%	+1.9%	-3.9%	-4.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	13,396	1,038	1,118	781	96.6	7.7	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	12,700	749	785	579	71.6	5.9	May 15, 2024	J-GAAP
Apr - Jun, 2024	12,362	791	987	574	71.1	6.4	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	13,647	905	906	639	79.0	6.6	Nov 12, 2024	J-GAAP
Oct - Dec, 2024	14,506	1,037	1,135	760	93.9	7.1	Feb 13, 2025	J-GAAP
YoY	+8.3%	-0.1%	+1.5%	-2.7%	-2.8%