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LIHIT LAB, Mar-Nov (Cumulative 3Q) Ordinary Profit Turns to Profit

Tue Jan 7, 2025 3:30 pm JST Earnings

7975 LIHIT LAB.,INC. 【J-GAAP】

Earnings Report

LIHIT LAB.,INC. <7975> [TSE Std] announced its financial results after the market closed on January 7th (15:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending February 2025 (March to November) turned into a profit of 84 million yen (compared to a loss of 158 million yen in the same period last year). However, the progress rate toward the full-year plan of 200 million yen was 42.0%, also falling below the five-year average of 80.1%.

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/loss for the December to February period (4Q) is expected to turn into a profit of 116 million yen (compared to a loss of 53 million yen in the same period last year).

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit/loss turned to a profit of 33 million yen (compared to a loss of 103 million yen in the same period last year). The operating profit/loss margin drastically improved from -5.8% in the same period last year to 0.0%.

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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
Mar - Nov, 2022 6,348 -57 54 38 11.3 ー Jan 6, 2023 J-GAAP
Mar - Nov, 2023 6,607 -225 -158 -67 -19.9 ー Jan 9, 2024 J-GAAP
Mar - Nov, 2024 6,850 64 84 230 68.0 42.0 Jan 7, 2025 J-GAAP
YoY +3.7% － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2023 4,255 -173 -156 -90 -26.7 25 Apr 5, 2024 J-GAAP
Sep - Feb, 2024 Guidance 4,724 137 149 277 81.6 25 Oct 2, 2024 J-GAAP
YoY +11.0% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 8,514 -153 -30 -24 -7.2 25 Apr 7, 2023 J-GAAP
Feb, 2024 8,803 -278 -211 -93 -27.6 25 Apr 5, 2024 J-GAAP
Feb, 2025 Guidance 9,500 200 200 320 94.3 25 Oct 2, 2024 J-GAAP
YoY +7.9% － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 2,059 -120 -103 -64 -19.0 -5.8 Jan 9, 2024 J-GAAP
Dec - Feb, 2023 2,196 -53 -53 -26 -7.7 -2.4 Apr 5, 2024 J-GAAP
Mar - May, 2024 2,694 74 93 59 17.6 2.7 Jul 5, 2024 J-GAAP
Jun - Aug, 2024 2,082 -11 -42 -16 -4.7 -0.5 Oct 4, 2024 J-GAAP
Sep - Nov, 2024 2,074 1 33 187 55.3 0.0 Jan 7, 2025 J-GAAP
YoY +0.7% － － － －

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