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

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).

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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%

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