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TRYT, First Half Net Income Decreases by 18%, Apr-Jun Net Income Decreases by 12%

Fri Aug 8, 2025 3:35 pm JST Earnings

9164 TRYT Inc. 【IFRS】

Earnings Report

TRYT Inc. <9164> [TSE Growth] announced its financial results (based on IFRS) after the market closed on August 8th (15:35). The consolidated net income for the cumulative second quarter of the fiscal year ending December 2025 (January to June) decreased 18.1% from the same period last year to 3.43 billion yen. Progress toward the full-year plan of 3.70 billion yen was 92.7%, below the three-year average of 111.2%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the July to December period (second half) is expected to turn into a profit of 0.27 billion yen (compared to a loss of 1.27 billion yen in the same period last year).

In the most recent three-month period, from April to June (2Q), the consolidated net income decreased to 4.47 billion yen, a 12.1% decrease compared to the same period last year. The operating profit margin decreased from 36.5% in the same period last year to 33.9%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Jun, 2023 29,135 6,962 6,903 4,673 46.7 97.9 Aug 10, 2023 IFRS
Jan - Jun, 2024 31,958 6,695 6,135 4,190 41.9 141.8 Aug 9, 2024 IFRS
Jan - Jun, 2025 33,129 5,753 5,166 3,430 34.3 90.6 Aug 8, 2025 IFRS
YoY +3.7% -14.1% -15.8% -18.1% -18.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Guidance 0 Feb 13, 2025 IFRS
Jan - Jun, 2025 Results 33,129 5,753 5,166 3,430 34.3 0 Aug 8, 2025 IFRS
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 25,158 -1,509 -1,810 -1,273 -12.7 21 Feb 13, 2025 IFRS
Jul - Dec, 2025 Guidance 31,171 447 534 270 2.7 0 Aug 8, 2025 IFRS
YoY +23.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 52,767 7,514 7,050 4,901 49.0 0 Feb 13, 2024 IFRS
Dec, 2024 57,116 5,186 4,325 2,917 29.2 21 Feb 13, 2025 IFRS
Dec, 2025 Guidance 64,300 6,200 5,700 3,700 37.0 0 Jun 10, 2025 IFRS
YoY +12.6% +19.6% +31.8% +26.8% +26.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 20,106 7,348 7,455 5,088 50.9 36.5 Aug 9, 2024 IFRS
Jul - Sep, 2024 12,723 -288 -847 -578 -5.8 -2.3 Nov 14, 2024 IFRS
Oct - Dec, 2024 12,435 -1,221 -963 -695 -7.0 -9.8 Feb 13, 2025 IFRS
Jan - Mar, 2025 12,827 -1,120 -1,589 -1,041 -10.4 -8.7 May 13, 2025 IFRS
Apr - Jun, 2025 20,302 6,873 6,755 4,471 44.7 33.9 Aug 8, 2025 IFRS
YoY +1.0% -6.5% -9.4% -12.1% -12.1%

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