Vertex, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 9%

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.

Thu Feb 13, 2025 3:30 pm JST Earnings

5290 Vertex Corporation 【J-GAAP】

Earnings Report

Vertex Corporation <5290> [TSE Std] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 8.6% from the same period last year, reaching 4.45 billion yen. However, the progress rate toward the full-year plan of 6.2 billion yen was 71.9%, almost the same as the five-year average of 71.2%.

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 nearly flat at 1.74 billion yen, down 0.1% from the same period last year.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 1.91 billion yen, an increase of 2.3% compared to the same period last year. The operating profit margin rose from 17.7% in the same period last year to 18.1%.

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	28,450	3,942	4,099	2,645	99.4	70.2	Feb 9, 2023	J-GAAP
Apr - Dec, 2023	26,466	3,996	4,105	2,556	98.3	70.2	Feb 8, 2024	J-GAAP
Apr - Dec, 2024	28,374	4,322	4,457	3,005	118.5	71.9	Feb 13, 2025	J-GAAP
YoY	+7.2%	+8.2%	+8.6%	+17.6%	+20.5%

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	20,641	3,549	3,619	2,402	92.7	40	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	21,994	3,550	3,661	2,599	103.3	50	Nov 14, 2024	J-GAAP
YoY	+6.6%	+0.0%	+1.2%	+8.2%	+11.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	39,095	5,560	5,837	3,742	140.9	30	May 11, 2023	J-GAAP
Mar, 2024	36,833	5,727	5,849	3,728	143.9	40	May 10, 2024	J-GAAP
Mar, 2025 Guidance	40,000	6,000	6,200	4,050	161.0	50	May 10, 2024	J-GAAP
YoY	+8.6%	+4.8%	+6.0%	+8.6%	+11.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	10,274	1,818	1,875	1,230	47.3	17.7	Feb 8, 2024	J-GAAP
Jan - Mar, 2024	10,367	1,731	1,744	1,172	45.2	16.7	May 10, 2024	J-GAAP
Apr - Jun, 2024	8,241	781	830	209	8.2	9.5	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	9,765	1,669	1,709	1,242	48.8	17.1	Nov 14, 2024	J-GAAP
Oct - Dec, 2024	10,368	1,872	1,918	1,554	61.3	18.1	Feb 13, 2025	J-GAAP
YoY	+0.9%	+3.0%	+2.3%	+26.3%	+29.5%