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ECOMIC, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 69%, Oct-Dec Ordinary Profit Decreases by 17%

Fri Feb 14, 2025 4:00 pm JST Earnings

3802 ECOMIC CO.,LTD 【J-GAAP】

Earnings Report

ECOMIC CO.,LTD <3802> [TSE Std] announced its financial results after the market closed on February 14th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 69.1% from the same period last year to 60 million yen. The progress rate toward the full-year plan of 230 million yen was 26.1%, also falling below the five-year average of 83.4%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the January to March period (4Q) is expected to turn into a profit of 170 million yen (compared to a loss of 11 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 280 million yen, a 17.4% decrease compared to the same period last year. The operating profit margin decreased from 31.5% in the same period last year to 25.9%.

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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 1,688 170 179 119 31.3 81.4 Feb 3, 2023 J-GAAP
Apr - Dec, 2023 1,743 177 194 135 35.4 106.0 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 1,680 46 60 33 7.1 26.1 Feb 14, 2025 J-GAAP
YoY -3.6% -74.0% -69.1% -75.6% -79.9%

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 1,486 333 328 247 64.0 12 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,684 455 450 336 71.6 12 Nov 8, 2024 J-GAAP
YoY +13.3% +36.6% +37.2% +36.0% +11.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,216 203 220 170 44.7 8 May 10, 2023 J-GAAP
Mar, 2024 2,156 172 183 127 32.9 12 May 10, 2024 J-GAAP
Mar, 2025 Guidance 2,300 225 230 162 34.5 12 May 10, 2024 J-GAAP
YoY +6.7% +30.8% +25.7% +27.6% +4.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,073 338 339 255 66.9 31.5 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 413 -5 -11 -8 -2.1 -1.2 May 10, 2024 J-GAAP
Apr - Jun, 2024 330 -88 -78 -61 -13.1 -26.7 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 286 -142 -142 -113 -24.2 -49.7 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 1,064 276 280 207 44.7 25.9 Feb 14, 2025 J-GAAP
YoY -0.8% -18.3% -17.4% -18.8% -33.2%

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