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Cytori Cell Research Institute, The Current Fiscal Year Net Income Revised Downward to a Loss, 37% Deficit Against Net Assets, Decides to Continue No Dividend Policy

Fri Feb 14, 2025 4:00 pm JST Earnings

3750 ADR120S,Inc. 【J-GAAP】

Earnings Report

Cytori Cell Research Institute,Inc. <3750> [TSE Std] announced its financial results after the market closed on February 14th (16:00). The consolidated net loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded to a loss of 0.75 billion yen (compared to a loss of 0.55 billion yen in the same period last year).

In addition, the full-year consolidated net income/loss has been revised downward from an expected profit of 0.1 billion yen to a loss of 1.03 billion yen (compared to a profit of 0.13 billion yen in the previous period), turning to a loss outlook The deficit amounted to a 37.0% impairment of net assets at the end of the previous fiscal year..

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income/loss for the October to March period (2H) has been revised downward from an expected profit of 0.53 billion yen to a loss of 0.6 billion yen (compared to a profit of 0.58 billion yen in the same period of the previous year), turning to a loss outlook.

At the same time, the company has decided to forego the year-end lump-sum dividend for the current fiscal year, which had previously been undecided (compared to no dividend in the prior term), and the policy has been set to continue with no dividends.

In the most recent three-month period, from October to December (3Q), the consolidated net loss expanded to a loss of 0.31 billion yen (compared to a loss of 0.1 billion yen in the same period last year). The operating profit/loss margin drastically worsened from -25.5% in the same period last year to -812.5%.

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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 1,651 -515 -601 -722 -81.0 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 1,411 -494 -595 -552 -61.9 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 115 -602 -636 -751 -84.2 Feb 14, 2025 J-GAAP
YoY -91.8% -21.9% -6.9% -36.1% -36.0%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 1,193 323 332 535 59.9 Nov 14, 2024 J-GAAP
Oct - Mar, 2024 New 34 -454 -498 -601 -67.3 0 Feb 14, 2025 J-GAAP
Revision Rate -97.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 1,284 -84 -87 103 11.5 May 14, 2024 J-GAAP
Mar, 2025 New 125 -861 -917 -1,033 -115.7 0 Feb 14, 2025 J-GAAP
Revision Rate -90.3% -925.0% -954.0%

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 698 -418 -483 581 65.1 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 34 -454 -498 -601 -67.3 0 Feb 14, 2025 J-GAAP
YoY -95.1% -8.6% -3.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,144 -794 -862 -1,059 -118.7 0 May 12, 2023 J-GAAP
Mar, 2024 1,560 -772 -906 138 15.5 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 125 -861 -917 -1,033 -115.7 0 Feb 14, 2025 J-GAAP
YoY -92.0% -11.5% -1.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 549 -140 -172 -109 -12.2 -25.5 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 149 -278 -311 690 77.4 -186.6 May 14, 2024 J-GAAP
Apr - Jun, 2024 39 -239 -233 -242 -27.2 -612.8 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 52 -168 -186 -190 -21.3 -323.1 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 24 -195 -217 -319 -35.8 -812.5 Feb 14, 2025 J-GAAP
YoY -95.6% -39.3% -26.2% -192.7% -192.6%

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