kabutan

Rebase, The Current Fiscal Year Ordinary Profit Revised Upward by 19%, Raises Record High Profit Forecast, Dividend Revised to 35 yen

Thu Feb 13, 2025 3:31 pm JST Earnings

5138 Rebase,Inc. 【J-GAAP】

Earnings Report

Rebase,Inc. <5138> [TSE Growth] announced its financial results after the market closed on February 13th (15:31). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 379 million yen, an increase 48.0% compared to the same period last year.

In addition, the full-year ordinary profit has been revised upward 18.9%, from the previous forecast of 380 million yen to 452 million yen (compared to 336 million yen in the previous period), increasing the growth rate from 13.1% to 34.5%, further surpassing the previous forecast of record-high profits for six consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the October to March period (2H) is expected to increase 43.4%, from the previous forecast of 166 million yen to 238 million yen (compared to 202 million yen in the same period of the previous year), turning to a 17.8% increase in the ordinary profit outlook.

In light of the strong performance, the company, which had previously planned no dividend for the current fiscal year, has decided to implement a year-end lump-sum dividend of 35 yen (compared to no dividend in the prior term).

In the most recent three-month period, from October to December (3Q), the ordinary profit increased 35.2% from the same period last year, reaching 165 million yen. The operating profit margin rose from 28.6% in the same period last year to 29.9%.

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 844 204 197 128 30.4 79.4 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 1,085 256 256 162 35.4 76.2 Feb 13, 2024 J-GAAP
Apr - Dec, 2024 1,416 377 379 241 52.2 83.8 Feb 13, 2025 J-GAAP
YoY +30.5% +47.3% +48.0% +48.8% +47.4%

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 938 167 166 119 25.3 0 Nov 13, 2024 J-GAAP
Oct - Mar, 2024 New 1,052 237 238 170 36.1 35 Feb 13, 2025 J-GAAP
Revision Rate +12.2% +41.9% +43.4% +42.9% +42.9%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 1,806 380 380 255 54.2 0 May 14, 2024 J-GAAP
Mar, 2025 New 1,920 450 452 306 65.0 35 Feb 13, 2025 J-GAAP
Revision Rate +6.3% +18.4% +18.9% +20.0% +20.0%

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 831 201 202 143 31.2 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,052 237 238 170 36.1 35 Feb 13, 2025 J-GAAP
YoY +26.6% +17.9% +17.8% +18.9% +16.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,160 255 248 158 36.8 0 May 12, 2023 J-GAAP
Mar, 2024 1,490 335 336 228 49.7 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 1,920 450 452 306 65.0 35 Feb 13, 2025 J-GAAP
YoY +28.9% +34.3% +34.5% +34.2% +30.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 426 122 122 77 16.8 28.6 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 405 79 80 66 14.4 19.5 May 14, 2024 J-GAAP
Apr - Jun, 2024 412 93 94 61 13.4 22.6 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 456 120 120 75 16.4 26.3 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 548 164 165 105 22.7 29.9 Feb 13, 2025 J-GAAP
YoY +28.6% +34.4% +35.2% +36.4% +35.1%

Related Articles