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JTEC, Ordinary Profit Forecast for Last Fiscal Year Revised Downward to an Unexpected 65% Decrease
3446 JTEC CORPORATION 【J-GAAP】
Guidance Update ReportJTEC CORPORATION <3446> [TSE Prime] announced a performance revision after the market closed on July 11th (15:30). The consolidated ordinary profit forecast for the fiscal year ending June 2025 has decreased 70.2%, from the previous forecast of 363 million yen to 108 million yen (compared to 310 million yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 65.2% decrease in profit.
Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the January to June period (second half) consolidated ordinary profit has decreased 43.1%, from the previous forecast of 591 million yen to 336 million yen (compared to 520 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 35.4% decrease in profit.
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Prev | 2,076 | 579 | 591 | 399 | 67.7 | 0 | Feb 12, 2025 | J-GAAP |
| Jan - Jun, 2025 New | 1,361 | 331 | 336 | 235 | 40.1 | 0 | Jul 11, 2025 | J-GAAP |
| Revision Rate | -34.4% | -42.8% | -43.1% | -41.1% | -40.9% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2025 Prev | 2,640 | 365 | 363 | 231 | 39.2 | 0 | Aug 9, 2024 | J-GAAP |
| Jun, 2025 New | 1,925 | 117 | 108 | 67 | 11.4 | 0 | Jul 11, 2025 | J-GAAP |
| Revision Rate | -27.1% | -67.9% | -70.2% | -71.0% | -70.9% |
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 | 1,473 | 494 | 520 | 357 | 60.9 | 0 | Aug 9, 2024 | J-GAAP |
| Jan - Jun, 2025 Guidance | 1,361 | 331 | 336 | 235 | 40.1 | 0 | Jul 11, 2025 | J-GAAP |
| YoY | -7.6% | -33.0% | -35.4% | -34.2% | -34.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2023 | 1,908 | 306 | 364 | 238 | 40.6 | 0 | Aug 10, 2023 | J-GAAP |
| Jun, 2024 | 2,010 | 285 | 310 | 199 | 34.0 | 0 | Aug 9, 2024 | J-GAAP |
| Jun, 2025 Guidance | 1,925 | 117 | 108 | 67 | 11.4 | 0 | Jul 11, 2025 | J-GAAP |
| YoY | -4.2% | -58.9% | -65.2% | -66.3% | -66.4% |
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