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F&M, Last Fiscal Year Ordinary Profit Revised Upward to an Unexpected 28% Increase, Highest in Two Terms
4771 F&M CO.,LTD. 【J-GAAP】
Guidance Update ReportF&M CO.,LTD. <4771> [TSE Std] announced a performance revision after the market closed on May 13th (16:00). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward 49.9%, from the previous forecast of 1.82 billion yen to 2.74 billion yen (compared to 2.14 billion yen in the previous period), reaches new record high for the first time in two terms, turning to a 27.9% increase in the consolidated ordinary profit outlook.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit is expected to increase 76.7%, from the previous forecast of 1.19 billion yen to 2.1 billion yen (compared to 1.19 billion yen in the same period of the previous year), turning to a 75.8% increase in the consolidated ordinary profit outlook.
Kabutan News
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 | 9,547 | 1,187 | 1,190 | 954 | 64.5 | 20 | Oct 31, 2024 | J-GAAP |
| Oct - Mar, 2024 New | 9,933 | 2,091 | 2,103 | 1,410 | 95.9 | 20 | May 13, 2025 | J-GAAP |
| Revision Rate | +4.0% | +76.2% | +76.7% | +47.8% | +48.7% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Prev | 16,680 | 1,812 | 1,828 | 1,358 | 91.8 | 40 | May 14, 2024 | J-GAAP |
| Mar, 2025 New | 17,066 | 2,716 | 2,741 | 1,814 | 123.4 | 40 | May 13, 2025 | J-GAAP |
| Revision Rate | +2.3% | +49.9% | +49.9% | +33.6% | +34.4% |
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 | 8,106 | 1,190 | 1,196 | 975 | 66.8 | 19 | May 14, 2024 | J-GAAP |
| Oct - Mar, 2024 Guidance | 9,933 | 2,091 | 2,103 | 1,410 | 95.9 | 20 | May 13, 2025 | J-GAAP |
| YoY | +22.5% | +75.7% | +75.8% | +44.6% | +43.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 12,699 | 2,602 | 2,621 | 1,881 | 128.9 | 34 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 14,861 | 2,128 | 2,143 | 1,609 | 110.3 | 38 | May 14, 2024 | J-GAAP |
| Mar, 2025 Guidance | 17,066 | 2,716 | 2,741 | 1,814 | 123.4 | 40 | May 13, 2025 | J-GAAP |
| YoY | +14.8% | +27.6% | +27.9% | +12.7% | +11.9% |
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