IFIS Japan (7833) Q3 2024 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2024, was ¥4,143 million, a 0.8% decrease year-over-year.

• Operating income rose 7.8% to ¥553 million, and net income attributable to shareholders increased 12.4% to ¥368 million year-over-year.

• Economic recovery in Japan continued, but global uncertainties and market volatility persisted.

Financial highlights

• Gross profit for the period was ¥1,742 million, down from ¥1,773 million year-over-year.

• Ordinary income increased 6.7% to ¥553 million.

• EPS for the period was ¥38.21, up from ¥33.92 year-over-year.

• Comprehensive income was ¥370 million, up 11.1% year-over-year.

Outlook and guidance

• Full-year revenue forecast remains at ¥5,700 million, with operating and ordinary income both projected at ¥720 million.

• Net income for the year is forecast at ¥465 million, with EPS of ¥48.26.

• No changes to previously announced guidance.