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SYNCLAYER, Last Fiscal Year's Ordinary Profit Exceeds Expectations, 3% Increase in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 2 yen, Plan to Continue the 28 yen Policy This Fiscal Year as Well

Fri Feb 14, 2025 3:30 pm JST Earnings

1724 SYNCLAYER INC. 【J-GAAP】

Earnings Report

SYNCLAYER INC. <1724> [TSE Std] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 increased 26.0% from the previous period to 741 million yen, exceeding the previous forecast of 640 million yen. In the fiscal year ending December 2025, the profit is expected to grow by 2.6% to 760 million yen. This will be the third consecutive term of revenue and profit growth.

At the same time, the company increased the annual dividend for the previous term from 26 yen to 28 yen (compared to 25 yen in the prior term), and has decided to continue with a dividend of 28 yen for the current term as well.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit increased 78.9% from the same period last year, reaching 578 million yen. However, the operating profit margin decreased from 10.3% in the same period last year to 9.4%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 9,965 414 438 294 63.7 17 Feb 14, 2023 J-GAAP
Dec, 2023 10,443 546 588 433 93.4 25 Feb 14, 2024 J-GAAP
Dec, 2024 11,711 653 741 547 117.7 28 Feb 14, 2025 J-GAAP
YoY +12.1% +19.6% +26.0% +26.3% +26.0%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 11,700 630 640 450 96.7 26 Feb 14, 2024 J-GAAP
Dec, 2024 Results 11,711 653 741 547 117.7 28 Feb 14, 2025 J-GAAP
Revision Rate +0.1% +3.7% +15.8% +21.6% +21.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 5,079 142 168 117 25.2 8 Aug 9, 2024 J-GAAP
Jan - Jun, 2025 Guidance 10 Feb 14, 2025 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 10,443 546 588 433 93.4 25 Feb 14, 2024 J-GAAP
Dec, 2024 11,711 653 741 547 117.7 28 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 12,500 750 760 530 115.2 28 Feb 14, 2025 J-GAAP
YoY +6.7% +14.9% +2.6% -3.1% -2.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 3,067 317 323 259 55.9 10.3 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 2,761 179 188 135 29.2 6.5 May 14, 2024 J-GAAP
Apr - Jun, 2024 2,318 -37 -20 -18 -3.9 -1.6 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 3,039 175 -5 -5 -1.1 5.8 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 3,593 336 578 435 93.6 9.4 Feb 14, 2025 J-GAAP
YoY +17.2% +6.0% +78.9% +68.0% +67.5%

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