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GENOVA Inc, Last Fiscal Year's Ordinary Profit Unexpectedly Declines, 29% Decrease in Ordinary Profit for The Current Fiscal Year
9341 GENOVA,Inc. 【J-GAAP】
Earnings ReportGENOVA,Inc. <9341> [TSE Prime] announced its financial results after the market closed on May 14th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 12.6% from the previous period to 2.01 billion yen, falling below the forecast of 2.73 billion yen, a complete reversal from the forecasted increase in profit. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 29.0% from the previous period to 1.43 billion yen.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit significantly dropped to 0.4 billion yen, a 51.3% decrease compared to the same period last year. The operating profit margin significantly dropped from 32.2% in the same period last year to 16.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 6,513 | 1,733 | 1,714 | 1,260 | 76.6 | 0 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 8,683 | 2,301 | 2,309 | 1,726 | 97.4 | 0 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 10,006 | 2,026 | 2,018 | 1,413 | 79.8 | 30 | May 14, 2025 | J-GAAP |
| YoY | +15.2% | -12.0% | -12.6% | -18.1% | -18.0% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Guidance | 10,929 | 2,753 | 2,733 | 1,870 | 108.1 | 30 | May 13, 2024 | J-GAAP |
| Mar, 2025 Results | 10,006 | 2,026 | 2,018 | 1,413 | 79.8 | 30 | May 14, 2025 | J-GAAP |
| Revision Rate | -8.4% | -26.4% | -26.2% | -24.4% | -26.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 5,143 | 1,217 | 1,203 | 814 | 45.8 | 0 | Nov 13, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 5,281 | 419 | 419 | 286 | 16.5 | 0 | May 14, 2025 | J-GAAP |
| YoY | +2.7% | -65.6% | -65.2% | -64.9% | -63.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 8,683 | 2,301 | 2,309 | 1,726 | 97.4 | 0 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 10,006 | 2,026 | 2,018 | 1,413 | 79.8 | 30 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 11,406 | 1,435 | 1,433 | 978 | 56.5 | 30 | May 14, 2025 | J-GAAP |
| YoY | +14.0% | -29.2% | -29.0% | -30.8% | -29.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 2,579 | 830 | 834 | 779 | 43.9 | 32.2 | May 13, 2024 | J-GAAP |
| Apr - Jun, 2024 | 2,538 | 591 | 592 | 384 | 21.6 | 23.3 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 2,605 | 626 | 611 | 430 | 24.2 | 24.0 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 2,468 | 409 | 409 | 272 | 15.3 | 16.6 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,395 | 400 | 406 | 327 | 18.5 | 16.7 | May 14, 2025 | J-GAAP |
| YoY | -7.1% | -51.8% | -51.3% | -58.0% | -58.0% |
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