MEDICAL SYSTEM NET, Oct-Dec (3Q) Ordinary Profit Increases by 19%

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 7, 2025 3:30 pm JST Earnings

4350 MEDICAL SYSTEM NETWORK Co., Ltd. 【J-GAAP】

Earnings Report

MEDICAL SYSTEM NETWORK Co., Ltd. <4350> [TSE Std] announced its financial results after the market closed on February 7th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 13.8% from the same period last year to 2.62 billion yen. However, the progress rate toward the full-year plan of 3 billion yen was 87.4%, also surpassing the five-year average of 78.4%.

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 significant drop 51.7% from the same period last year to 0.37 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 18.6% from the same period last year, reaching 1.6 billion yen. The operating profit margin remained almost flat, changing from 4.6% in the same period last year to 4.8%.

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	81,878	2,344	2,499	1,195	39.6	74.5	Feb 3, 2023	J-GAAP
Apr - Dec, 2023	86,175	3,069	3,044	1,693	56.1	79.6	Feb 6, 2024	J-GAAP
Apr - Dec, 2024	91,891	2,573	2,623	1,445	49.4	87.4	Feb 7, 2025	J-GAAP
YoY	+6.6%	-16.2%	-13.8%	-14.6%	-11.9%

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	58,900	2,120	2,133	999	33.2	6	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	62,239	1,973	1,980	1,043	35.7	6	Oct 31, 2024	J-GAAP
YoY	+5.7%	-6.9%	-7.2%	+4.4%	+7.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	109,551	3,163	3,355	1,610	53.4	12	May 9, 2023	J-GAAP
Mar, 2024	115,361	3,832	3,825	1,860	61.9	12	May 10, 2024	J-GAAP
Mar, 2025 Guidance	122,000	3,000	3,000	1,250	42.8	12	Oct 31, 2024	J-GAAP
YoY	+5.8%	-21.7%	-21.6%	-32.8%	-30.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	29,714	1,357	1,352	832	27.6	4.6	Feb 6, 2024	J-GAAP
Jan - Mar, 2024	29,186	763	781	167	5.6	2.6	May 10, 2024	J-GAAP
Apr - Jun, 2024	29,419	468	468	170	5.9	1.6	Aug 7, 2024	J-GAAP
Jul - Sep, 2024	30,342	559	552	37	1.3	1.8	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	32,130	1,546	1,603	1,238	42.4	4.8	Feb 7, 2025	J-GAAP
YoY	+8.1%	+13.9%	+18.6%	+48.8%	+53.6%