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MT GENEX, First Half Ordinary Profit Decreases by 4%, Jul-Sep Ordinary Profit Decreases by 14%
9820 MT GENEX CORPORATION 【J-GAAP】
Earnings ReportMT GENEX CORPORATION <9820> [TSE Std] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 4.2% from the same period last year to 183 million yen. Progress toward the full-year plan of 597 million yen was 30.7%, also falling below the five-year average of 44.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand 72.5% from the same period last year, reaching 414 million yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 108 million yen, a 13.6% decrease compared to the same period last year. The operating profit margin decreased from 11.9% in the same period last year to 9.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 2,021 | 253 | 260 | 160 | 149.5 | 57.5 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 1,877 | 179 | 191 | 113 | 105.1 | 44.3 | Nov 8, 2024 | J-GAAP |
| Apr - Sep, 2025 | 2,102 | 167 | 183 | 107 | 99.8 | 30.7 | Nov 7, 2025 | J-GAAP |
| YoY | +12.0% | -6.7% | -4.2% | -5.3% | -5.0% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 2,102 | 167 | 183 | 107 | 99.4 | 0 | Nov 6, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 2,102 | 167 | 183 | 107 | 99.8 | 0 | Nov 7, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | +0.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 2,073 | 231 | 240 | 151 | 140.8 | 40 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 2,898 | 415 | 414 | 270 | 250.9 | 40 | Nov 6, 2025 | J-GAAP |
| YoY | +39.8% | +79.7% | +72.5% | +78.8% | +78.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 3,790 | 438 | 452 | 277 | 257.9 | 40 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 3,950 | 410 | 431 | 264 | 246.2 | 40 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 5,000 | 582 | 597 | 377 | 350.3 | 40 | May 12, 2025 | J-GAAP |
| YoY | +26.6% | +42.0% | +38.5% | +42.8% | +42.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 1,021 | 121 | 125 | 79 | 73.5 | 11.9 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 898 | 79 | 83 | 52 | 48.4 | 8.8 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,175 | 152 | 157 | 99 | 92.3 | 12.9 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 976 | 66 | 75 | 41 | 38.2 | 6.8 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,126 | 101 | 108 | 66 | 61.6 | 9.0 | Nov 7, 2025 | J-GAAP |
| YoY | +10.3% | -16.5% | -13.6% | -16.5% | -16.2% |
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