kabutan

Ryoyu Systems, The Current Fiscal Year Ordinary Profit Revised Upward by 18%, Raises Record High Profit Forecast, Dividend Revised Upward by 25 yen

Fri Jan 31, 2025 4:00 pm JST Earnings

4685 Ryoyu Systems Co., Ltd. 【J-GAAP】

Earnings Report

Ryoyu Systems Co., Ltd. <4685> [TSE Std] announced its financial results after the market closed on January 31st (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 3.34 billion yen, an increase 39.4% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward 17.5%, from the previous forecast of 4 billion yen to 4.7 billion yen (compared to 3.59 billion yen in the previous period), increasing the growth rate from 11.2% to 30.7%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) is expected to increase 32.7%, from the previous forecast of 2.13 billion yen to 2.83 billion yen (compared to 2.34 billion yen in the same period of the previous year), turning to a 20.9% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 135 yen to 160 yen (compared to 120 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 28.8% from the same period last year, reaching 1.47 billion yen. The operating profit margin rose from 13.0% in the same period last year to 14.7%.

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 22,333 1,577 1,614 1,044 82.2 59.5 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 24,889 2,381 2,396 1,550 121.9 66.6 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 27,480 3,313 3,341 2,219 174.2 71.1 Jan 31, 2025 J-GAAP
YoY +10.4% +39.1% +39.4% +43.2% +43.0%

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 22,548 2,157 2,138 1,459 114.5 35 Oct 31, 2024 J-GAAP
Oct - Mar, 2024 New 25,048 2,807 2,838 1,959 153.7 47.50 Jan 31, 2025 J-GAAP
Revision Rate +11.1% +30.1% +32.7% +34.3% +34.3%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 40,000 4,000 4,000 2,700 211.8 67.50 Oct 31, 2024 J-GAAP
Mar, 2025 New 42,500 4,650 4,700 3,200 251.0 80 Jan 31, 2025 J-GAAP
Revision Rate +6.3% +16.3% +17.5% +18.5% +18.5%

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 20,975 2,343 2,348 1,617 127.1 37.50 Apr 26, 2024 J-GAAP
Oct - Mar, 2024 Guidance 25,048 2,807 2,838 1,959 153.7 47.50 Jan 31, 2025 J-GAAP
YoY +19.4% +19.8% +20.9% +21.2% +20.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 33,138 2,673 2,711 1,834 144.4 45 May 9, 2023 J-GAAP
Mar, 2024 37,062 3,581 3,596 2,416 189.9 60 Apr 26, 2024 J-GAAP
Mar, 2025 Guidance 42,500 4,650 4,700 3,200 251.0 80 Jan 31, 2025 J-GAAP
YoY +14.7% +29.9% +30.7% +32.5% +32.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 8,802 1,143 1,148 751 59.1 13.0 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 12,173 1,200 1,200 866 68.1 9.9 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 8,425 672 684 444 34.9 8.0 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 9,027 1,171 1,178 797 62.6 13.0 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 10,028 1,470 1,479 978 76.8 14.7 Jan 31, 2025 J-GAAP
YoY +13.9% +28.6% +28.8% +30.2% +30.0%

Related Articles