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WILL GROUP, Last Fiscal Year Net Income Revised Downward by 30%
6089 WILL GROUP,INC. 【IFRS】
Guidance Update ReportWILL GROUP,INC. <6089> [TSE Prime] announced a performance revision after the market closed on May 9th (15:30). The consolidated net income for the fiscal year ending March 2025 has decreased 29.6%, from the previous forecast of 1.64 billion yen to 1.15 billion yen (compared to 2.77 billion yen in the previous period), leading to an increase in the profit decline rate from 41.0% to 58.4%. However, the full-year consolidated operating profit has been revised upward 2.1%, from the previous forecast of 2.29 billion yen to 2.33 billion yen (compared to 4.52 billion yen in the previous period), and the declining rate is expected to decrease from 49.4% to 48.3%.
Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated net income has decreased 42.8%, from the previous forecast of 1.13 billion yen to 0.64 billion yen (compared to 1.37 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 17.6% to 52.8%.
Kabutan News
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 | 70,077 | 1,281 | 1,323 | 1,134 | 49.6 | 44 | Nov 8, 2024 | IFRS |
Oct - Mar, 2024 New | 69,382 | 1,329 | 1,310 | 649 | 28.5 | 44 | May 9, 2025 | IFRS |
Revision Rate | -1.0% | +3.7% | -1.0% | -42.8% | -42.7% |
Full Year Update
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Mar, 2025 Prev | 140,400 | 2,290 | 2,190 | 1,640 | 71.8 | 44 | May 13, 2024 | IFRS |
Mar, 2025 New | 139,705 | 2,338 | 2,177 | 1,155 | 50.6 | 44 | May 9, 2025 | IFRS |
Revision Rate | -0.5% | +2.1% | -0.6% | -29.6% | -29.4% |
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 | 68,951 | 2,506 | 2,331 | 1,376 | 60.6 | 44 | May 13, 2024 | IFRS |
Oct - Mar, 2024 Guidance | 69,382 | 1,329 | 1,310 | 649 | 28.5 | 44 | May 9, 2025 | IFRS |
YoY | +0.6% | -47.0% | -43.8% | -52.8% | -53.1% |
Current Period Guidance
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Mar, 2023 | 143,932 | 5,318 | 5,146 | 3,236 | 143.2 | 44 | May 11, 2023 | IFRS |
Mar, 2024 | 138,227 | 4,525 | 4,417 | 2,778 | 122.4 | 44 | May 13, 2024 | IFRS |
Mar, 2025 Guidance | 139,705 | 2,338 | 2,177 | 1,155 | 50.6 | 44 | May 9, 2025 | IFRS |
YoY | +1.1% | -48.3% | -50.7% | -58.4% | -58.6% |
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