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GDEP ADVANCE, The Current Fiscal Year Ordinary Profit Revised Upward by 16%, Raises Record High Profit Forecast, Dividend Revised Upward by 5.5 yen

Mon Apr 14, 2025 3:30 pm JST Earnings

5885 GDEP ADVANCE,Inc. 【J-GAAP】

Earnings Report

GDEP ADVANCE,Inc. <5885> [TSE Std] announced its financial results after the market closed on April 14th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending May 2025 (June 2024 to February 2025) expanded 677 million yen, an increase 50.1% compared to the same period last year.

In addition, the full-year ordinary profit has been revised upward 15.7%, from the previous forecast of 675 million yen to 781 million yen (compared to 652 million yen in the previous period), increasing the growth rate from 3.5% to 19.8%, further surpassing the previous forecast of record-high profits for seven consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the December to May period (2H) has been revised upward 59.6%, from the previous forecast of 178 million yen to 284 million yen (compared to 406 million yen in the same period of the previous year), and the declining rate is expected to decrease from 56.2% to 30.0%.

In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 17.5 yen to 23 yen (compared to 67 yen before the 4-for-1 forward stock split in the previous period).

In the most recent three-month period, from December to February (3Q), the ordinary profit decreased to 180 million yen, a 12.2% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 13.9% in the same period last year to 13.9%.

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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
Jun - Feb, 2023 3,258 452 451 313 59.6 69.2 Apr 12, 2024 J-GAAP
Jun - Feb, 2024 5,439 699 677 468 87.5 86.7 Apr 14, 2025 J-GAAP
YoY +66.9% +54.6% +50.1% +49.5% +46.7%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2024 Prev 1,775 177 178 99 18.3 17.50 Jan 14, 2025 J-GAAP
Dec - May, 2024 New 2,615 304 284 185 34.2 23 Apr 14, 2025 J-GAAP
Revision Rate +47.3% +71.8% +59.6% +86.9% +86.9%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2025 Prev 5,770 675 675 443 81.9 17.50 Oct 11, 2024 J-GAAP
May, 2025 New 6,610 802 781 529 97.8 23 Apr 14, 2025 J-GAAP
Revision Rate +14.6% +18.8% +15.7% +19.4% +19.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2023 2,535 401 406 262 49.8 16.75 Jul 12, 2024 J-GAAP
Dec - May, 2024 Guidance 2,615 304 284 185 34.2 23 Apr 14, 2025 J-GAAP
YoY +3.2% -24.2% -30.0% -29.4% -31.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2023 3,778 556 568 378 78.8 15.50 Jul 13, 2023 J-GAAP
May, 2024 4,421 662 652 432 82.1 16.75 Jul 12, 2024 J-GAAP
May, 2025 Guidance 6,610 802 781 529 97.8 23 Apr 14, 2025 J-GAAP
YoY +49.5% +21.1% +19.8% +22.5% +19.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Dec - Feb, 2023 1,372 191 205 143 27.3 13.9 Apr 12, 2024 J-GAAP
Mar - May, 2024 1,163 210 201 119 22.6 18.1 Jul 12, 2024 J-GAAP
Jun - Aug, 2024 1,249 176 164 113 21.3 14.1 Oct 11, 2024 J-GAAP
Sep - Nov, 2024 2,746 322 333 231 43.2 11.7 Jan 14, 2025 J-GAAP
Dec - Feb, 2024 1,444 201 180 124 23.2 13.9 Apr 14, 2025 J-GAAP
YoY +5.2% +5.2% -12.2% -13.3% -14.9%

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