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ISB, 20% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 8 yen, Plan to Continue the 54 yen Policy This Fiscal Year as Well

Fri Feb 14, 2025 3:30 pm JST Earnings

9702 ISB CORPORATION 【J-GAAP】

Earnings Report

ISB CORPORATION <9702> [TSE Prime] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 was 2.9% from the previous period to 2.89 billion yen. However, for the fiscal year ending December 2025, the profit is expected to decrease by 20.5% from the previous period to 2.3 billion yen.

At the same time, the company increased the annual dividend for the previous term from 46 yen to 54 yen (compared to 42 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 grew 4.9% from the same period last year, reaching 0.7 billion yen. However, the operating profit margin worsened from 7.7% in the same period last year to 7.3%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 28,952 2,319 2,401 1,423 125.1 40 Feb 28, 2023 J-GAAP
Dec, 2023 32,388 2,734 2,810 1,472 129.1 42 Feb 14, 2024 J-GAAP
Dec, 2024 33,954 2,800 2,892 2,032 177.8 54 Feb 14, 2025 J-GAAP
YoY +4.8% +2.4% +2.9% +38.0% +37.8%

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 33,700 2,470 2,550 1,620 141.6 46 Apr 30, 2024 J-GAAP
Dec, 2024 Results 33,954 2,800 2,892 2,032 177.8 54 Feb 14, 2025 J-GAAP
Revision Rate +0.8% +13.4% +13.4% +25.4% +25.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 16,673 1,537 1,569 1,120 98.0 － Jul 30, 2024 J-GAAP
Jan - Jun, 2025 Guidance 17,700 950 980 670 58.5 0 Feb 14, 2025 J-GAAP
YoY +6.2% -38.2% -37.5% -40.2% -40.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 32,388 2,734 2,810 1,472 129.1 42 Feb 14, 2024 J-GAAP
Dec, 2024 33,954 2,800 2,892 2,032 177.8 54 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 36,100 2,200 2,300 1,570 137.0 54 Feb 14, 2025 J-GAAP
YoY +6.3% -21.4% -20.5% -22.7% -23.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 8,315 641 667 231 20.3 7.7 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 8,531 1,105 1,132 760 66.6 13.0 Apr 30, 2024 J-GAAP
Apr - Jun, 2024 8,142 432 437 360 31.5 5.3 Jul 30, 2024 J-GAAP
Jul - Sep, 2024 8,365 616 623 430 37.6 7.4 Oct 30, 2024 J-GAAP
Oct - Dec, 2024 8,916 647 700 482 42.2 7.3 Feb 14, 2025 J-GAAP
YoY +7.2% +0.9% +4.9% +108.7% +108.3%

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