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Altech, First Half Ordinary Profit Unexpectedly Revised Upward by 12%
4641 Altech Corporation 【J-GAAP】
Earnings ReportAltech Corporation <4641> [TSE Prime] announced its financial results after the market closed on August 6th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 12.1% from the same period last year, reaching 2.82 billion yen, resulting in an increase in profits compared to the previous forecast of a 4.6% decrease.
Progress toward the full-year plan of 5.50 billion yen was 51.3%, also surpassing the five-year average of 47.8%.
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 July to December period (second half) is expected to decrease 4.2% from the same period last year to 2.68 billion yen.
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit grew 14.9% from the same period last year, reaching 1.36 billion yen. The operating profit margin improved from 9.4% in the same period last year to 10.0%.
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 | 22,820 | 2,380 | 2,470 | 1,814 | 90.5 | 48.9 | Aug 8, 2023 | J-GAAP |
| Jan - Jun, 2024 | 24,098 | 2,457 | 2,515 | 1,603 | 80.7 | 47.3 | Aug 8, 2024 | J-GAAP |
| Jan - Jun, 2025 | 25,340 | 2,690 | 2,820 | 1,868 | 95.1 | 51.3 | Aug 6, 2025 | J-GAAP |
| YoY | +5.2% | +9.5% | +12.1% | +16.5% | +17.8% |
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 | 25,000 | 2,300 | 2,400 | 1,500 | 76.5 | 47 | Feb 13, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 25,340 | 2,690 | 2,820 | 1,868 | 95.1 | 47 | Aug 6, 2025 | J-GAAP |
| Revision Rate | +1.4% | +17.0% | +17.5% | +24.5% | +24.3% |
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 | 25,760 | 2,702 | 2,798 | 2,074 | 104.4 | 49 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 27,360 | 2,710 | 2,680 | 1,832 | 93.4 | 47 | Aug 6, 2025 | J-GAAP |
| YoY | +6.2% | +0.3% | -4.2% | -11.7% | -10.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 46,216 | 4,982 | 5,053 | 3,696 | 185.2 | 103 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 49,858 | 5,159 | 5,313 | 3,677 | 185.0 | 93 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 52,700 | 5,400 | 5,500 | 3,700 | 188.6 | 94 | Feb 13, 2025 | J-GAAP |
| YoY | +5.7% | +4.7% | +3.5% | +0.6% | +1.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 12,258 | 1,152 | 1,185 | 749 | 37.7 | 9.4 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 11,856 | 1,129 | 1,201 | 759 | 38.2 | 9.5 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 13,904 | 1,573 | 1,597 | 1,315 | 66.2 | 11.3 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 12,490 | 1,404 | 1,459 | 973 | 49.4 | 11.2 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 12,850 | 1,286 | 1,361 | 895 | 45.5 | 10.0 | Aug 6, 2025 | J-GAAP |
| YoY | +4.8% | +11.6% | +14.9% | +19.5% | +20.8% |
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