MEDINET, Oct-Dec (1Q) Ordinary Profit Loss Widens

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Thu Feb 13, 2025 3:30 pm JST Earnings

2370 MEDINET Co., Ltd. 【J-GAAP】

Earnings Report

MEDINET Co., Ltd. <2370> [TSE Growth] announced its financial results after the market closed on February 13th (15:30). The ordinary loss (non-consolidated) for the first quarter of the fiscal year ending September 2025 (October to December) expanded to a loss of 351 million yen (compared to a loss of 291 million yen in the same period last year).

In the most recent three-month period, from October to December (1Q), the operating profit/loss margin drastically worsened from -118.1% in the same period last year to -187.3%.

Kabutan News

Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Oct - Dec, 2022	185	-325	-324	-325	-1.5	ー	Feb 9, 2023	J-GAAP
Oct - Dec, 2023	248	-293	-291	-292	-1.2	ー	Feb 9, 2024	J-GAAP
Oct - Dec, 2024	204	-382	-351	-345	-1.3	ー	Feb 13, 2025	J-GAAP
YoY	-17.7%	-30.4%	-20.6%	-18.2%	-9.2%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	399	-658	-632	-634	-2.6	0	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	ー	ー	－	0	Nov 13, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2023	661	-1,425	-1,419	-1,437	-6.7	0	Nov 10, 2023	J-GAAP
Sep, 2024	768	-1,384	-1,261	-1,276	-5.0	0	Nov 13, 2024	J-GAAP
Sep, 2025 Guidance	930	-1,491	-1,485	-1,489	-5.6	0	Nov 13, 2024	J-GAAP
YoY	+21.1%	-7.7%	-17.8%	-16.7%	-11.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	248	-293	-291	-292	-1.2	-118.1	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	151	-365	-341	-342	-1.4	-241.7	May 10, 2024	J-GAAP
Apr - Jun, 2024	190	-338	-316	-317	-1.3	-177.9	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	179	-388	-313	-325	-1.3	-216.8	Nov 13, 2024	J-GAAP
Oct - Dec, 2024	204	-382	-351	-345	-1.3	-187.3	Feb 13, 2025	J-GAAP
YoY	-17.7%	-30.4%	-20.6%	-18.2%	-9.2%