OPTOELECTRONICS CO.,LTD., June-August (3Q) Ordinary Profit Turns to Profit

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Fri Sep 27, 2024 3:00 pm JST Earnings

6664 OPTOELECTRONICS CO.,LTD. 【J-GAAP】

Earnings Report

OPTOELECTRONICS CO.,LTD. <6664> [TSE-S] announced its financial results after the market closed on September 27th (15:00). The consolidated ordinary loss for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) expanded to a loss of 276 million yen (compared to a loss of 257 million yen in the same period last year).

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the September to November period (4Q) is expected to turn into a profit of 48 million yen (compared to a loss of 233 million yen in the same period last year).

In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit/loss turned to a profit of profit of 9 million yen (compared to a loss of 134 million yen in the same period last year). The operating profit/loss margin improved from -8.8% in the same period last year to -7.4%.

Kabutan News

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
Dec - Aug, 2021	5,453	375	223	149	24.2	125.3	Sep 22, 2022	J-GAAP
Dec - Aug, 2022	5,188	-209	-257	-304	-49.2	ー	Sep 26, 2023	J-GAAP
Dec - Aug, 2023	4,601	-330	-276	-330	-53.4	ー	Sep 27, 2024	J-GAAP
YoY	-11.3%	-57.9%	-7.4%	-8.6%	-8.6%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2023	3,455	-409	-367	-669	-108.3	0	Dec 27, 2023	J-GAAP
Jun - Nov, 2024 Guidance	3,841	22	57	80	13.0	0	Jun 26, 2024	J-GAAP
YoY	+11.2%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	7,211	315	178	-47	-7.7	0	Dec 27, 2022	J-GAAP
Nov, 2023	6,878	-462	-490	-815	-132.0	0	Dec 27, 2023	J-GAAP
Nov, 2024 Guidance	6,967	-199	-228	-240	-38.9	0	Dec 27, 2023	J-GAAP
YoY	+1.3%	+56.9%	+53.5%	+70.6%	+70.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	1,765	-156	-134	-158	-25.6	-8.8	Sep 26, 2023	J-GAAP
Sep - Nov, 2023	1,690	-253	-233	-511	-82.7	-15.0	Dec 27, 2023	J-GAAP
Dec - Feb, 2023	1,562	-73	-159	-183	-29.7	-4.7	Mar 27, 2024	J-GAAP
Mar - May, 2024	1,564	-148	-126	-137	-22.2	-9.5	Jun 26, 2024	J-GAAP
Jun - Aug, 2024	1,475	-109	9	-10	-1.6	-7.4	Sep 27, 2024	J-GAAP
YoY	-16.4%	+30.1%	－	+93.7%	+93.7%