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Solasto, The Current Fiscal Year Ordinary Profit Revised Upward by 9%

Wed Feb 12, 2025 3:30 pm JST Earnings

6197 Solasto Corporation 【J-GAAP】

Earnings Report

Solasto Corporation <6197> [TSE Prime] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 5.35 billion yen, an increase 31.1% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward 9.1%, from the previous forecast of 6.05 billion yen to 6.6 billion yen (compared to 5.56 billion yen in the previous period), increasing the growth rate from 8.7% to 18.6%.

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 21.2%, from the previous forecast of 2.59 billion yen to 3.14 billion yen (compared to 3.08 billion yen in the same period of the previous year), turning to a 2.1% increase in the consolidated ordinary profit outlook.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 18.7% from the same period last year, reaching 1.89 billion yen. The operating profit margin improved from 4.6% in the same period last year to 5.6%.

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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 98,440 4,930 5,230 2,675 28.3 77.5 Feb 8, 2023 J-GAAP
Apr - Dec, 2023 101,038 4,060 4,081 4,406 46.8 73.3 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 102,939 5,618 5,352 3,293 35.7 81.1 Feb 12, 2025 J-GAAP
YoY +1.9% +38.4% +31.1% -25.3% -23.8%

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 70,612 2,522 2,595 565 6.1 10 Nov 11, 2024 J-GAAP
Oct - Mar, 2024 New 68,612 3,272 3,145 1,925 20.9 10 Feb 12, 2025 J-GAAP
Revision Rate -2.8% +29.7% +21.2% +240.7% +240.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 139,000 6,200 6,050 2,500 27.1 20 May 10, 2024 J-GAAP
Mar, 2025 New 137,000 6,950 6,600 3,860 41.8 20 Feb 12, 2025 J-GAAP
Revision Rate -1.4% +12.1% +9.1% +54.4% +54.4%

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 68,156 3,007 3,081 -1,633 -17.4 10 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 68,612 3,272 3,145 1,925 20.9 10 Feb 12, 2025 J-GAAP
YoY +0.7% +8.8% +2.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 131,088 6,325 6,747 3,172 33.5 20 May 11, 2023 J-GAAP
Mar, 2024 135,139 5,517 5,564 2,257 24.1 20 May 10, 2024 J-GAAP
Mar, 2025 Guidance 137,000 6,950 6,600 3,860 41.8 20 Feb 12, 2025 J-GAAP
YoY +1.4% +26.0% +18.6% +71.0% +73.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 34,055 1,550 1,598 516 5.5 4.6 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 34,101 1,457 1,483 -2,149 -23.0 4.3 May 10, 2024 J-GAAP
Apr - Jun, 2024 34,101 1,714 1,596 853 9.3 5.0 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 34,287 1,964 1,859 1,082 11.7 5.7 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 34,551 1,940 1,897 1,358 14.7 5.6 Feb 12, 2025 J-GAAP
YoY +1.5% +25.2% +18.7% +163.2% +168.6%

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