CNS Co (4076) Q3 2024 earnings summary

Executive summary

• Q3 FY May 2024 revenue ¥4,980m, up 14.0% YoY; operating profit ¥512m, up 15.5%, and net income ¥350m, up 11.1%.

• Revenue reached 74.1% of the ¥6,724m full-year forecast; operating profit reached 70.7% of forecast.

Financial highlights

• Gross profit ¥1,240m, up 12.3% YoY; SG&A ¥727m, up 10.2%.

• Ordinary profit ¥527m, up 12.6% YoY; parent-attributable quarterly net income ¥350m, up 11.1%.

Outlook and guidance

• FY May 2024 forecasts: revenue ¥6,724m, operating profit ¥724m, ordinary profit ¥740m, and net income ¥487m.

• Q3 progress: revenue 74.1%, operating profit 70.7%, ordinary profit 71.2%, and net income 71.8% of full-year forecasts.