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Renascience, The Current Fiscal Year Net Income Turns to Profit, Exceeds Expectations

Fri Dec 6, 2024 3:30 pm JST Revision

4889 Renascience Inc. 【J-GAAP】

Guidance Update Report

Renascience Inc. <4889> [TSE Growth] announced a performance revision after the market closed on December 6th (15:30). The net income (non-consolidated) for the fiscal year ending March 2025 has been revised upward from an expected loss of 91 million yen to a profit of 46 million yen (compared to a loss of 258 million yen in the previous period), turning to a profit. However, the full-year ordinary profit/loss has been revised downward from an expected loss of 257 million yen to a loss of 267 million yen (compared to a loss of 251 million yen in the previous period), indicating an expansion in the loss margin.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) net income has been revised upward from an expected loss of 19 million yen to a profit of 118 million yen (compared to a loss of 163 million yen in the same period of the previous year), turning to a profit.

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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 50 -167 -165 -19 -1.5 0 Nov 14, 2024 J-GAAP
Oct - Mar, 2024 New 72 -177 -175 118 9.3 0 Dec 6, 2024 J-GAAP
Revision Rate +44.0% -6.0% -6.1%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 105 -257 -257 -91 -7.2 0 Jul 3, 2024 J-GAAP
Mar, 2025 New 127 -267 -267 46 3.6 0 Dec 6, 2024 J-GAAP
Revision Rate +21.0% -3.9% -3.9%

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 74 -158 -157 -163 -12.8 0 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 72 -177 -175 118 9.3 0 Dec 6, 2024 J-GAAP
YoY -2.7% -12.0% -11.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 100 -333 -333 -335 -26.4 0 May 11, 2023 J-GAAP
Mar, 2024 194 -252 -251 -258 -20.3 0 May 9, 2024 J-GAAP
Mar, 2025 Guidance 127 -267 -267 46 3.6 0 Dec 6, 2024 J-GAAP
YoY -34.5% -6.0% -6.4%

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