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IFIS JAPAN LTD., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 7%, July-September Ordinary Profit Increases by 97%

Wed Nov 13, 2024 3:30 pm JST Earnings

7833 IFIS JAPAN LTD. 【J-GAAP】

Earnings Report

IFIS JAPAN LTD. <7833> [TSE-S] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 6.8% from the same period last year, reaching 553 million yen. The progress rate against the 720 million yen full-year plan was 76.8%, also surpassing the five-year average of 74.5%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to decrease by 9.7% from the same period last year to 167 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased by 96.7% from the same period last year, reaching 179 million yen. The operating profit margin drastically improved from 7.0% in the same period last year to 13.2%.

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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
Jan - Sep, 2022 4,052 631 641 431 44.7 76.9 Nov 10, 2022 J-GAAP
Jan - Sep, 2023 4,178 513 518 327 33.9 73.7 Nov 13, 2023 J-GAAP
Jan - Sep, 2024 4,143 553 553 368 38.2 76.8 Nov 13, 2024 J-GAAP
YoY -0.8% +7.8% +6.8% +12.5% +12.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 2,654 274 276 167 17.3 18.50 Feb 13, 2024 J-GAAP
Jul - Dec, 2024 Guidance 2,929 348 346 217 22.5 19.50 Aug 9, 2024 J-GAAP
YoY +10.4% +27.0% +25.4% +29.9% +29.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 5,380 826 834 587 60.8 18.50 Feb 10, 2023 J-GAAP
Dec, 2023 5,554 698 703 448 46.5 18.50 Feb 13, 2024 J-GAAP
Dec, 2024 Guidance 5,700 720 720 465 48.3 19.50 Feb 13, 2024 J-GAAP
YoY +2.6% +3.2% +2.4% +3.8% +3.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,278 89 91 46 4.8 7.0 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 1,376 185 185 121 12.6 13.4 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 1,406 195 196 131 13.6 13.9 May 13, 2024 J-GAAP
Apr - Jun, 2024 1,365 177 178 117 12.2 13.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 1,372 181 179 120 12.5 13.2 Nov 13, 2024 J-GAAP
YoY +7.4% +103.4% +96.7% +160.9% +161.2%

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