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SOFTMAX, First Half Ordinary Profit Increases by 2.2 times
3671 SOFTMAX CO.,LTD 【J-GAAP】
Earnings ReportSOFTMAX CO.,LTD <3671> [TSE Growth] announced its financial results after the market closed on August 12th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending December 2025 (January to June) surged 2.2 times that of the same period last year, reaching 440 million yen, exceeded the previous forecast of 274 million yen.
Progress toward the full-year plan of 717 million yen was 61.4%, also surpassing the five-year average of 35.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the July to December period (second half) is expected to drop 44.2% from the same period last year to 277 million yen.
In the most recent three-month period, from April to June (2Q), the ordinary profit amounted to 184 million yen, a 1.6% decrease compared to the same period last year. The operating profit margin significantly dropped from 12.4% in the same period last year to 6.9%.
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 | 2,085 | 166 | 190 | 126 | 5.3 | 30.4 | Aug 10, 2023 | J-GAAP |
| Jan - Jun, 2024 | 2,330 | 182 | 204 | 139 | 5.8 | 29.1 | Aug 9, 2024 | J-GAAP |
| Jan - Jun, 2025 | 3,845 | 418 | 440 | 305 | 12.7 | 61.4 | Aug 12, 2025 | J-GAAP |
| YoY | +65.0% | +129.7% | +115.7% | +119.4% | +119.3% |
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 | 3,096 | 250 | 274 | 183 | 7.6 | 0 | Feb 13, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 3,845 | 418 | 440 | 305 | 12.7 | 0 | Aug 12, 2025 | J-GAAP |
| Revision Rate | +24.2% | +67.2% | +60.6% | +66.7% | +67.1% |
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 | 3,098 | 480 | 496 | 341 | 14.2 | 7.50 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 2,356 | 252 | 277 | 175 | 7.3 | 7.50 | Aug 12, 2025 | J-GAAP |
| YoY | -24.0% | -47.5% | -44.2% | -48.7% | -48.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 5,260 | 581 | 626 | 452 | 18.9 | 7.50 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 5,428 | 662 | 700 | 480 | 20.0 | 7.50 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 6,201 | 670 | 717 | 480 | 20.0 | 7.50 | May 27, 2025 | J-GAAP |
| YoY | +14.2% | +1.2% | +2.4% | 0.0% | -0.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 1,429 | 177 | 187 | 129 | 5.4 | 12.4 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 1,086 | 71 | 82 | 56 | 2.3 | 6.5 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 2,012 | 409 | 414 | 285 | 11.9 | 20.3 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,346 | 245 | 256 | 176 | 7.4 | 18.2 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,499 | 173 | 184 | 129 | 5.4 | 6.9 | Aug 12, 2025 | J-GAAP |
| YoY | +74.9% | -2.3% | -1.6% | 0.0% | 0.0% |
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