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INNOTECH, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 41%, Oct-Dec Ordinary Profit Decreases by 46%

Mon Feb 10, 2025 3:30 pm JST Earnings

9880 INNOTECH CORPORATION 【J-GAAP】

Earnings Report

INNOTECH CORPORATION <9880> [TSE Prime] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 41.3% from the same period last year to 1.28 billion yen. The progress rate toward the full-year plan of 1.8 billion yen was 71.1%, almost the same as the five-year average of 71.2%.

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 for the January to March period (4Q) is expected to decrease 25.5% from the same period last year to 0.52 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.53 billion yen, a 45.7% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.1% in the same period last year to 2.9%.

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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
Apr - Dec, 2022 28,122 1,430 1,663 990 75.5 67.1 Feb 9, 2023 J-GAAP
Apr - Dec, 2023 30,325 1,839 2,182 994 74.6 75.8 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 29,922 1,165 1,280 995 74.0 71.1 Feb 10, 2025 J-GAAP
YoY -1.3% -36.7% -41.3% +0.1% -0.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 21,887 1,620 1,674 644 48.2 35 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 20,692 902 1,050 891 67.4 35 Nov 8, 2024 J-GAAP
YoY -5.5% -44.3% -37.3% +38.4% +39.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 38,629 2,319 2,480 1,666 127.0 70 May 12, 2023 J-GAAP
Mar, 2024 41,358 2,474 2,880 1,477 110.6 70 May 10, 2024 J-GAAP
Mar, 2025 Guidance 41,500 1,800 1,800 1,350 102.1 70 Nov 8, 2024 J-GAAP
YoY +0.3% -27.2% -37.5% -8.6% -7.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 10,854 985 976 161 12.1 9.1 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 11,033 635 698 483 36.2 5.8 May 10, 2024 J-GAAP
Apr - Jun, 2024 10,218 434 733 434 32.3 4.2 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 10,590 464 17 25 1.9 4.4 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 9,114 267 530 536 39.9 2.9 Feb 10, 2025 J-GAAP
YoY -16.0% -72.9% -45.7% +232.9% +230.1%

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