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Accrete, Last Fiscal Year Ordinary Profit Revised Downward by 23%

Mon Feb 10, 2025 4:00 pm JST Revision

4395 Accrete Inc. 【J-GAAP】

Guidance Update Report

Accrete Inc. <4395> [TSE Growth] announced a performance revision after the market closed on February 10th (16:00). The consolidated ordinary profit for the fiscal year ending December 2024 has decreased 22.9%, from the previous forecast of 428 million yen to 330 million yen (compared to 305 million yen in the previous period), leading to a reduction in the profit growth rate from 40.3% to 8.2%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (2H) consolidated ordinary profit has decreased 28.6%, from the previous forecast of 343 million yen to 245 million yen (compared to 61 million yen in the same period of the previous year), leading to a reduction in the profit growth rate from 5.6 times to 4.0 times.

At the same time, the year-end lump-sum dividend remains undecided.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Prev 4,721 348 343 164 28.8 Aug 14, 2024 J-GAAP
Jul - Dec, 2024 New 3,742 245 245 24 4.2 Feb 10, 2025 J-GAAP
Revision Rate -20.7% -29.6% -28.6% -85.4% -85.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 7,319 433 428 224 39.3 Feb 14, 2024 J-GAAP
Dec, 2024 New 6,340 330 330 84 14.7 Feb 10, 2025 J-GAAP
Revision Rate -13.4% -23.8% -22.9% -62.5% -62.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 2,680 65 61 -129 -23.0 0 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 3,742 245 245 24 4.2 Feb 10, 2025 J-GAAP
YoY +39.6% +276.9% +301.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 6,190 1,172 1,176 851 146.5 10 Feb 14, 2023 J-GAAP
Dec, 2023 5,433 310 305 33 5.9 5 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 6,340 330 330 84 14.7 Feb 10, 2025 J-GAAP
YoY +16.7% +6.5% +8.2% +154.5% +151.1%

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