DAIKEN CO.,LTD., First Half Ordinary Profit Revised Downward to an Unexpected 58% Decrease

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Fri Sep 27, 2024 3:30 pm JST Revision

5900 DAIKEN CO.,LTD. 【J-GAAP】

Guidance Update Report

DAIKEN CO.,LTD. <5900> [TSE-S] announced a performance revision after the market closed on September 27th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending February 2025 (March to August) has downwardly by 60.5%, from the previous forecast of 200 million yen to 79 million yen (compared to 186 million yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 57.5% decrease in profit.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 600 million yen(compared to 485 million yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024 Prev	5,500	175	200	120	21.9	0	Apr 5, 2024	J-GAAP
Mar - Aug, 2024 New	5,256	51	79	63	11.5	0	Sep 27, 2024	J-GAAP
Revision Rate	-4.4%	-70.9%	-60.5%	-47.5%	-47.5%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2023	5,216	161	186	126	23.0	0	Oct 6, 2023	J-GAAP
Mar - Aug, 2024 Guidance	5,256	51	79	63	11.5	0	Sep 27, 2024	J-GAAP
YoY	+0.8%	-68.3%	-57.5%	-50.0%	-50.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	10,599	430	473	316	57.1	15	Apr 7, 2023	J-GAAP
Feb, 2024	10,881	448	485	328	60.0	15	Apr 5, 2024	J-GAAP
Feb, 2025 Guidance	11,500	570	600	360	65.7	17	Apr 5, 2024	J-GAAP
YoY	+5.7%	+27.2%	+23.7%	+9.8%	+9.5%