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CONVUM, First Half Ordinary Profit Unexpectedly Revised Upward by 1%
6265 CONVUM Ltd. 【J-GAAP】
Earnings ReportCONVUM Ltd. <6265> [TSE Std] announced its financial results after the market closed on August 8th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) was 172 million yen, a 0.6% increase compared to the same period last year, resulting in an increase in profits compared to the previous forecast of a 2.3% decrease.
Progress toward the full-year plan of 307 million yen was 56.0%, also surpassing the five-year average of 50.6%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to decrease 21.1% from the same period last year to 135 million yen.
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit decreased to 81 million yen, a 16.5% decrease compared to the same period last year. The operating profit margin decreased from 17.2% in the same period last year to 14.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 967 | 169 | 188 | 123 | 79.5 | 51.5 | Aug 10, 2023 | J-GAAP |
| Jan - Jun, 2024 | 909 | 153 | 171 | 118 | 76.2 | 50.0 | Aug 9, 2024 | J-GAAP |
| Jan - Jun, 2025 | 980 | 165 | 172 | 122 | 78.9 | 56.0 | Aug 8, 2025 | J-GAAP |
| YoY | +7.8% | +7.8% | +0.6% | +3.4% | +3.5% |
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 | 973 | 149 | 167 | 116 | 76.3 | 25 | Feb 14, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 980 | 165 | 172 | 122 | 78.9 | 25 | Aug 8, 2025 | J-GAAP |
| Revision Rate | +0.7% | +10.7% | +3.0% | +5.2% | +3.4% |
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 | 941 | 150 | 171 | 130 | 83.5 | 25 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 999 | 111 | 135 | 98 | 64.4 | 25 | Aug 8, 2025 | J-GAAP |
| YoY | +6.2% | -26.0% | -21.1% | -24.6% | -22.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 1,924 | 319 | 365 | 237 | 152.6 | 50 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 1,850 | 303 | 342 | 248 | 159.3 | 50 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 1,979 | 276 | 307 | 220 | 144.7 | 50 | Feb 14, 2025 | J-GAAP |
| YoY | +7.0% | -8.9% | -10.2% | -11.3% | -9.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 482 | 83 | 97 | 70 | 45.2 | 17.2 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 469 | 81 | 88 | 64 | 41.3 | 17.3 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 472 | 69 | 83 | 66 | 42.4 | 14.6 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 485 | 92 | 91 | 68 | 43.9 | 19.0 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 495 | 73 | 81 | 54 | 34.9 | 14.7 | Aug 8, 2025 | J-GAAP |
| YoY | +2.7% | -12.0% | -16.5% | -22.9% | -22.8% |
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