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CTI Engineering, Jan-Sep (Cumulative 3Q) Ordinary Profit Decreases by 11%
9621 CTI Engineering Co.,Ltd. 【J-GAAP】
Earnings ReportCTI Engineering Co.,Ltd. <9621> [TSE Prime] announced its financial results after the market closed on November 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 11.0% from the same period last year to 6.60 billion yen. Progress toward the full-year plan of 10.0 billion yen was 66.0%, also falling below the five-year average of 77.6%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to expand 60.7% from the same period last year, reaching 3.39 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit amounted to 0.56 billion yen, remained almost flat compared to the same period last year. However, the operating profit margin worsened from 2.9% in the same period last year to 2.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 69,015 | 8,331 | 8,438 | 6,122 | 220.1 | 83.1 | Nov 10, 2023 | J-GAAP |
| Jan - Sep, 2024 | 72,197 | 7,419 | 7,421 | 5,266 | 189.8 | 77.8 | Nov 12, 2024 | J-GAAP |
| Jan - Sep, 2025 | 73,270 | 6,489 | 6,602 | 4,311 | 155.2 | 66.0 | Nov 12, 2025 | J-GAAP |
| YoY | +1.5% | -12.5% | -11.0% | -18.1% | -18.2% |
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 | 46,932 | 2,607 | 2,682 | 1,863 | 67.1 | 75 | Feb 14, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 49,206 | 4,024 | 3,966 | 2,521 | 91.0 | 75 | Aug 12, 2025 | J-GAAP |
| YoY | +4.8% | +54.4% | +47.9% | +35.3% | +35.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 93,057 | 10,011 | 10,153 | 7,534 | 271.1 | 75 | Mar 26, 2024 | J-GAAP |
| Dec, 2024 | 97,678 | 9,396 | 9,535 | 6,746 | 243.1 | 75 | Feb 14, 2025 | J-GAAP |
| Dec, 2025 Guidance | 100,000 | 10,000 | 10,000 | 6,300 | 227.5 | 75 | Aug 12, 2025 | J-GAAP |
| YoY | +2.4% | +6.4% | +4.9% | -6.6% | -6.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 21,451 | 630 | 568 | 383 | 13.8 | 2.9 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 25,481 | 1,977 | 2,114 | 1,480 | 53.3 | 7.8 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 30,110 | 5,859 | 5,837 | 3,891 | 140.2 | 19.5 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 20,684 | 117 | 197 | -112 | -4.0 | 0.6 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 22,476 | 513 | 568 | 532 | 19.2 | 2.3 | Nov 12, 2025 | J-GAAP |
| YoY | +4.8% | -18.6% | 0.0% | +38.9% | +38.7% |
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