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QB Net, Jul-Mar (Cumulative 3Q) Net Income Decreases by 44%, Jan-Mar Net Income Decreases by 18%

Wed May 14, 2025 5:00 pm JST Earnings

6571 QB Net Holdings Co.,Ltd. 【IFRS】

Earnings Report

QB Net Holdings Co.,Ltd. <6571> [TSE Prime] announced its financial results (based on IFRS) after the market closed on May 14th (17:00). The consolidated net income for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) dropped 43.6% from the same period last year to 0.6 billion yen. The progress rate toward the full-year plan of 1.22 billion yen was 49.8%, also falling below the four-year average of 66.4%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the April to June period (4Q) is expected to surge 2.7 times that of the same period last year, reaching 0.61 billion yen.

In the most recent three-month period, from January to March (3Q), the consolidated net income decreased to 0.19 billion yen, an 18.4% decrease compared to the same period last year. The operating profit margin worsened from 6.2% in the same period last year to 5.3%.

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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
Jul - Mar, 2022 16,450 1,290 1,175 812 62.6 59.0 May 15, 2023 IFRS
Jul - Mar, 2023 18,274 1,660 1,551 1,078 82.4 79.0 May 14, 2024 IFRS
Jul - Mar, 2024 18,768 1,051 902 608 46.3 51.5 May 14, 2025 IFRS
YoY +2.7% -36.7% -41.8% -43.6% -43.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 12,419 825 745 457 34.9 27 Aug 13, 2024 IFRS
Jan - Jun, 2025 Guidance 13,124 1,177 1,121 803 61.0 35 Feb 13, 2025 IFRS
YoY +5.7% +42.7% +50.5% +75.7% +74.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2023 22,746 2,138 1,990 1,444 111.1 20 Aug 14, 2023 IFRS
Jun, 2024 24,757 2,115 1,964 1,301 99.4 27 Aug 13, 2024 IFRS
Jun, 2025 Guidance 25,710 1,900 1,750 1,220 92.6 35 Aug 13, 2024 IFRS
YoY +3.8% -10.2% -10.9% -6.2% -6.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 5,936 370 332 234 17.9 6.2 May 14, 2024 IFRS
Apr - Jun, 2024 6,483 455 413 223 17.0 7.0 Aug 13, 2024 IFRS
Jul - Sep, 2024 6,370 542 498 344 26.3 8.5 Nov 12, 2024 IFRS
Oct - Dec, 2024 6,216 181 131 73 5.6 2.9 Feb 13, 2025 IFRS
Jan - Mar, 2025 6,182 328 273 191 14.6 5.3 May 14, 2025 IFRS
YoY +4.1% -11.4% -17.8% -18.4% -18.6%

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