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Fulltech Co, 3% Increase in Ordinary Profit for The Current Fiscal Year

Fri Feb 14, 2025 3:30 pm JST Earnings

6546 Fulltech Co.Ltd. 【J-GAAP】

Earnings Report

Fulltech Co.Ltd. <6546> [TSE Std] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 expanded 36.8% from the previous period to 677 million yen. In the fiscal year ending December 2025, the profit is expected to grow by 3.4% to 700 million yen. This will be the fourth consecutive term of revenue and the third consecutive term of profit growth.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit significantly dropped to 36 million yen, a 78.0% decrease compared to the same period last year. The operating profit margin drastically worsened from 4.5% in the same period last year to 0.5%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 11,937 70 161 94 17.5 28 Feb 10, 2023 J-GAAP
Dec, 2023 12,784 448 495 239 44.6 31 Feb 14, 2024 J-GAAP
Dec, 2024 13,813 612 677 457 85.3 32 Feb 14, 2025 J-GAAP
YoY +8.0% +36.6% +36.8% +91.2% +91.4%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 13,900 600 660 430 80.1 32 Nov 14, 2024 J-GAAP
Dec, 2024 Results 13,813 612 677 457 85.3 32 Feb 14, 2025 J-GAAP
Revision Rate -0.6% +2.0% +2.6% +6.3% +6.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 6,922 381 416 275 51.3 10 Aug 8, 2024 J-GAAP
Jan - Jun, 2025 Guidance 10 Feb 14, 2025 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 12,784 448 495 239 44.6 31 Feb 14, 2024 J-GAAP
Dec, 2024 13,813 612 677 457 85.3 32 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 14,350 660 700 470 87.6 32 Feb 14, 2025 J-GAAP
YoY +3.9% +7.8% +3.4% +2.8% +2.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 3,385 153 164 33 6.2 4.5 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 3,926 288 299 202 37.8 7.3 May 15, 2024 J-GAAP
Apr - Jun, 2024 2,996 93 117 73 13.6 3.1 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 3,082 213 225 146 27.3 6.9 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 3,809 18 36 36 6.7 0.5 Feb 14, 2025 J-GAAP
YoY +12.5% -88.2% -78.0% +9.1% +9.3%

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