kabutan

SPACE, 2% Increase in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 4 yen, Plan to Continue the 54 yen Policy This Fiscal Year as Well

Thu Feb 13, 2025 3:30 pm JST Earnings

9622 SPACE CO.,LTD. 【J-GAAP】

Earnings Report

SPACE CO.,LTD. <9622> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 expanded 35.6% from the previous period to 3.54 billion yen. In the fiscal year ending December 2025, the profit is expected to grow by 1.5% to 3.6 billion yen. This will be the third consecutive term of profit growth.

At the same time, the company increased the annual dividend for the previous term from 50 yen to 54 yen (compared to 40 yen in the prior term), and has decided to continue with a dividend of 54 yen for the current term as well.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit decreased to 0.92 billion yen, a 20.1% decrease compared to the same period last year. The operating profit margin worsened from 7.1% in the same period last year to 4.8%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 46,707 2,096 2,126 1,394 56.7 36 Feb 10, 2023 J-GAAP
Dec, 2023 52,793 2,574 2,616 1,685 68.8 40 Feb 13, 2024 J-GAAP
Dec, 2024 64,182 3,477 3,546 2,554 104.3 54 Feb 13, 2025 J-GAAP
YoY +21.6% +35.1% +35.6% +51.6% +51.6%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 61,400 3,470 3,490 2,330 95.1 50 Nov 8, 2024 J-GAAP
Dec, 2024 Results 64,182 3,477 3,546 2,554 104.3 54 Feb 13, 2025 J-GAAP
Revision Rate +4.5% +0.2% +1.6% +9.6% +9.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 31,121 2,173 2,198 1,461 59.7 20 Aug 7, 2024 J-GAAP
Jan - Jun, 2025 Guidance 31,900 1,890 1,900 1,240 50.5 27 Feb 13, 2025 J-GAAP
YoY +2.5% -13.0% -13.6% -15.1% -15.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 52,793 2,574 2,616 1,685 68.8 40 Feb 13, 2024 J-GAAP
Dec, 2024 64,182 3,477 3,546 2,554 104.3 54 Feb 13, 2025 J-GAAP
Dec, 2025 Guidance 61,800 3,580 3,600 2,560 104.3 54 Feb 13, 2025 J-GAAP
YoY -3.7% +3.0% +1.5% +0.2% +0.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 15,950 1,138 1,153 844 34.4 7.1 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 16,875 1,512 1,524 1,027 41.9 9.0 May 13, 2024 J-GAAP
Apr - Jun, 2024 14,246 661 674 434 17.7 4.6 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 14,623 424 427 325 13.3 2.9 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 18,438 880 921 768 31.4 4.8 Feb 13, 2025 J-GAAP
YoY +15.6% -22.7% -20.1% -9.0% -9.0%

Related Articles