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Axis Consulting, The Current Fiscal Year Ordinary Profit Revised Downward by 76%
9344 Axis Consulting Corporation 【J-GAAP】
Earnings ReportAxis Consulting Corporation <9344> [TSE Growth] announced its financial results after the market closed on May 14th (16:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) significantly dropped 75.6% from the previous period to 128 million yen.
In addition, the full-year ordinary profit has decreased 75.7%, from the previous forecast of 700 million yen to 170 million yen.
Based on the full-year plan announced by the company after the downward revision, our estimate of the ordinary profit for the January to June period (2H) has decreased 88.3%, from the previous forecast of 600 million yen to 70 million yen.
In the most recent three-month period, from January to March (3Q), the ordinary profit significantly dropped to 28 million yen, an 82.5% decrease compared to the same period last year. The operating profit margin sharply declined from 14.0% in the same period last year to 2.1%.
Note: Since the current fiscal year, the company has transitioned to non-consolidated financial statements.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Mar, 2022 | 3,236 | 539 | 511 | 342 | 84.9 | 79.3 | May 12, 2023 | J-GAAP |
| Jul - Mar, 2023 | 3,267 | 526 | 525 | 312 | 63.0 | 63.2 | May 14, 2024 | J-GAAP |
| Jul - Mar, 2024 | 3,782 | 125 | 128 | 250 | 50.1 | 75.3 | May 14, 2025 | J-GAAP |
| YoY | +15.8% | -76.2% | -75.6% | -19.9% | -20.5% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Prev | 2,771 | 603 | 600 | 438 | 86.8 | 35 | Feb 13, 2025 | J-GAAP |
| Jan - Jun, 2025 New | 2,781 | 73 | 70 | 72 | 14.3 | 35 | May 14, 2025 | J-GAAP |
| Revision Rate | +0.4% | -87.9% | -88.3% | -83.6% | -83.6% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2025 Prev | 5,200 | 700 | 700 | 636 | 126.0 | 35 | Aug 14, 2024 | J-GAAP |
| Jun, 2025 New | 5,210 | 170 | 170 | 270 | 53.5 | 35 | May 14, 2025 | J-GAAP |
| Revision Rate | +0.2% | -75.7% | -75.7% | -57.5% | -57.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2024 | 2,545 | 468 | 466 | 288 | 58.1 | 0 | Aug 14, 2024 | J-GAAP |
| Jan - Jun, 2025 Guidance | 2,781 | 73 | 70 | 72 | 14.3 | 35 | May 14, 2025 | J-GAAP |
| YoY | +9.3% | -84.4% | -85.0% | -75.0% | -75.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2023 | 4,342 | 673 | 644 | 418 | 99.2 | 0 | Aug 14, 2023 | J-GAAP |
| Jun, 2024 | 4,665 | 833 | 831 | 502 | 101.3 | 0 | Aug 14, 2024 | J-GAAP |
| Jun, 2025 Guidance | 5,210 | 170 | 170 | 270 | 53.5 | 35 | May 14, 2025 | J-GAAP |
| YoY | +11.7% | -79.6% | -79.5% | -46.2% | -47.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 1,147 | 161 | 160 | 98 | 19.8 | 14.0 | May 14, 2024 | J-GAAP |
| Apr - Jun, 2024 | 1,398 | 307 | 306 | 190 | 38.3 | 22.0 | Aug 14, 2024 | J-GAAP |
| Jul - Sep, 2024 | 1,222 | 91 | 94 | 193 | 38.8 | 7.4 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 1,207 | 6 | 6 | 5 | 1.0 | 0.5 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,353 | 28 | 28 | 52 | 10.4 | 2.1 | May 14, 2025 | J-GAAP |
| YoY | +18.0% | -82.6% | -82.5% | -46.9% | -47.3% |
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