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Basis, The Current Fiscal Year Ordinary Profit Revised Upward by 39%

Thu Feb 13, 2025 3:30 pm JST Earnings

4068 Basis Corporation 【J-GAAP】

Earnings Report

Basis Corporation <4068> [TSE Growth] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending June 2025 (July to December) turned into a profit of 83 million yen (compared to a loss of 68 million yen in the same period last year), reversing from the forecast of a loss of 45 million yen to a profit.

In addition, the full-year consolidated ordinary profit has been revised upward 38.7%, from the previous forecast of 93 million yen to 129 million yen (compared to 76 million yen in the previous period), increasing the growth rate from 22.4% to 69.7%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (2H) is expected to significant drop 68.1% from the same period last year to 46 million yen.

In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit/loss turned to a profit of 75 million yen (compared to a loss of 30 million yen in the same period last year). The operating profit/loss margin drastically improved from -2.0% in the same period last year to 3.8%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jul - Dec, 2022 3,253 203 202 128 69.3 55.6 Feb 13, 2023 J-GAAP
Jul - Dec, 2023 2,884 -67 -68 -58 -31.6 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 3,920 91 83 50 27.6 64.3 Feb 13, 2025 J-GAAP
YoY +35.9%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Guidance 3,701 -37 -45 -66 -35.9 0 Aug 14, 2024 J-GAAP
Jul - Dec, 2024 Results 3,920 91 83 50 27.6 0 Feb 13, 2025 J-GAAP
Revision Rate +5.9%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2025 Prev 7,920 103 93 51 27.5 0 Aug 14, 2024 J-GAAP
Jun, 2025 New 7,920 135 129 71 38.2 0 Feb 13, 2025 J-GAAP
Revision Rate 0.0% +31.1% +38.7% +39.2% +39.2%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 3,938 148 146 75 41.0 0 Aug 14, 2024 J-GAAP
Jan - Jun, 2025 Guidance 4,000 44 46 21 11.3 0 Feb 13, 2025 J-GAAP
YoY +1.6% -70.3% -68.5% -72.0% -72.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 6,863 382 363 280 151.0 0 Aug 14, 2023 J-GAAP
Jun, 2024 6,822 81 78 17 9.3 0 Aug 14, 2024 J-GAAP
Jun, 2025 Guidance 7,920 135 129 71 38.2 0 Feb 13, 2025 J-GAAP
YoY +16.1% +66.7% +65.4% +317.6% +311.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,487 -29 -30 -33 -18.0 -2.0 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,811 74 73 34 18.4 4.1 May 15, 2024 J-GAAP
Apr - Jun, 2024 2,127 74 73 41 22.4 3.5 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,897 15 9 4 2.4 0.8 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 2,023 76 74 46 25.4 3.8 Feb 13, 2025 J-GAAP
YoY +36.0%

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