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SCAT, First Half Ordinary Profit Decreases by 27%, Feb-Apr Ordinary Profit Decreases by 21%

Fri Jun 13, 2025 3:35 pm JST Earnings

3974 SCAT Inc. 【J-GAAP】

Earnings Report

SCAT Inc. <3974> [TSE Std] announced its financial results after the market closed on June 13th (15:35). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending October 2025 (November 2024 to April 2025) decreased 27.1% from the same period last year to 94 million yen. Progress toward the full-year plan of 215 million yen was 43.7%, also falling below the five-year average of 64.1%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the May to October period (second half) is expected to surge 4.5 times that of the same period last year, reaching 121 million yen.

In the most recent three-month period, from February to April (2Q), the consolidated ordinary profit decreased to 65 million yen, a 20.7% decrease compared to the same period last year. The operating profit margin decreased from 11.2% in the same period last year to 9.5%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Nov - Apr, 2022 1,362 124 126 95 26.9 54.8 Jun 13, 2023 J-GAAP
Nov - Apr, 2023 1,378 123 129 85 28.0 82.7 Jun 13, 2024 J-GAAP
Nov - Apr, 2024 1,303 93 94 58 18.8 43.7 Jun 13, 2025 J-GAAP
YoY -5.4% -24.4% -27.1% -31.8% -32.7%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov - Apr, 2024 Guidance 6.36 Mar 14, 2025 J-GAAP
Nov - Apr, 2024 Results 1,303 93 94 58 18.8 6.36 Jun 13, 2025 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2024 1,216 24 27 15 4.9 6.37 Dec 13, 2024 J-GAAP
May - Oct, 2025 Guidance 1,415 122 121 78 24.7 6.37 Jun 13, 2025 J-GAAP
YoY +16.4% +408.3% +348.1% +420.0% +405.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2023 2,742 227 230 157 48.0 9.55 Dec 14, 2023 J-GAAP
Oct, 2024 2,594 147 156 100 32.6 11.82 Dec 13, 2024 J-GAAP
Oct, 2025 Guidance 2,718 215 215 136 43.1 12.73 Mar 14, 2025 J-GAAP
YoY +4.8% +46.3% +37.8% +36.0% +32.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Feb - Apr, 2024 704 79 82 56 18.5 11.2 Jun 13, 2024 J-GAAP
May - Jul, 2024 583 -3 -2 -2 -0.7 -0.5 Sep 12, 2024 J-GAAP
Aug - Oct, 2024 633 27 29 17 5.6 4.3 Dec 13, 2024 J-GAAP
Nov - Jan, 2024 626 29 29 17 5.8 4.6 Mar 14, 2025 J-GAAP
Feb - Apr, 2025 677 64 65 41 13.3 9.5 Jun 13, 2025 J-GAAP
YoY -3.8% -19.0% -20.7% -26.8% -27.8%

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