FaithNetwork, Apr-Dec (Cumulative 3Q) Ordinary Profit Turns to Profit, Oct-Dec Ordinary Profit Turns to Profit

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Feb 14, 2025 3:30 pm JST Earnings

3489 FaithNetwork Co.,Ltd 【J-GAAP】

Earnings Report

FaithNetwork Co.,Ltd <3489> [TSE Std] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 0.49 billion yen (compared to a loss of 0.85 billion yen in the same period last year). However, the progress rate toward the full-year plan of 4 billion yen was 12.4%, also falling below the five-year average of 16.6%.

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 January to March period (4Q) is expected to expand 32.6% from the same period last year, reaching 3.5 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 0.46 billion yen (compared to a loss of 0.19 billion yen in the same period last year). The operating profit/loss margin drastically improved from -2.6% in the same period last year to 11.7%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	12,846	1,220	1,069	734	74.0	46.5	Feb 14, 2023	J-GAAP
Apr - Dec, 2023	7,009	-647	-857	-617	-62.6	ー	Feb 14, 2024	J-GAAP
Apr - Dec, 2024	13,121	804	497	274	27.8	12.4	Feb 14, 2025	J-GAAP
YoY	+87.2%	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	19,135	2,636	2,445	1,413	143.2	45	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	24,905	4,084	3,972	2,731	276.5	96	Nov 14, 2024	J-GAAP
YoY	+30.2%	+54.9%	+62.5%	+93.3%	+93.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	20,968	2,518	2,301	1,593	160.8	42	May 15, 2023	J-GAAP
Mar, 2024	22,284	2,090	1,784	943	95.6	45	May 15, 2024	J-GAAP
Mar, 2025 Guidance	33,000	4,300	4,000	2,700	273.4	96	May 15, 2024	J-GAAP
YoY	+48.1%	+105.7%	+124.2%	+186.3%	+186.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	3,860	-101	-196	-147	-14.9	-2.6	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	15,275	2,737	2,641	1,560	158.1	17.9	May 15, 2024	J-GAAP
Apr - Jun, 2024	1,953	-424	-522	-374	-38.0	-21.7	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	6,142	640	550	343	35.3	10.4	Nov 14, 2024	J-GAAP
Oct - Dec, 2024	5,026	588	469	305	30.9	11.7	Feb 14, 2025	J-GAAP
YoY	+30.2%	－	－	－	－