SORACOM, The Current Fiscal Year Ordinary Profit Revised Downward by 30%

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 3:30 pm JST Earnings

147A SORACOM,INC. 【J-GAAP】

Earnings Report

SORACOM,INC. <147A> [TSE Growth] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 86.9% from the same period last year to 83 million yen.

In addition, the full-year consolidated ordinary profit has decreased 29.9%, from the previous forecast of 913 million yen to 640 million yen (compared to 638 million yen in the previous period), leading to a reduction in the profit growth rate from 43.1% to 0.3%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has decreased 33.5%, from the previous forecast of 814 million yen to 541 million yen (compared to 437 million yen in the same period of the previous year), leading to a reduction in the profit growth rate from 86.3% to 23.8%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a loss of 16 million yen (compared to a profit of 431 million yen in the same period last year). The operating profit margin sharply declined from 18.0% in the same period last year to 1.0%.

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, 2024	5,705	123	83	-163	-3.7	13.0	Feb 13, 2025	J-GAAP
YoY	－	－	－	－	－

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	6,242	823	814	642	14.2	0	Nov 7, 2024	J-GAAP
Oct - Mar, 2024 New	5,330	548	541	266	5.9	0	Feb 13, 2025	J-GAAP
Revision Rate	-14.6%	-33.4%	-33.5%	-58.6%	-58.6%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	9,912	925	913	686	15.2	0	May 10, 2024	J-GAAP
Mar, 2025 New	9,000	650	640	310	6.9	0	Feb 13, 2025	J-GAAP
Revision Rate	-9.2%	-29.7%	-29.9%	-54.8%	-54.8%

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	4,711	486	437	399	10.4	0	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	5,330	548	541	266	5.9	0	Feb 13, 2025	J-GAAP
YoY	+13.1%	+12.8%	+23.8%	-33.3%	-43.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	7,928	727	638	485	12.6	0	May 10, 2024	J-GAAP
Mar, 2025 Guidance	9,000	650	640	310	6.9	0	Feb 13, 2025	J-GAAP
YoY	+13.5%	-10.6%	+0.3%	-36.1%	-45.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jan - Mar, 2024	2,474	83	6	29	0.8	3.4	May 10, 2024	J-GAAP
Apr - Jun, 2024	1,891	94	24	2	0.1	5.0	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	1,779	8	75	42	0.9	0.4	Nov 7, 2024	J-GAAP
Oct - Dec, 2024	2,035	21	-16	-207	-4.6	1.0	Feb 13, 2025	J-GAAP
YoY	－	－	－	－	－