ASAHI-SEIKI MANUFACTURING CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Downward to a Loss, Dividend Revised to 60～70 yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Wed Oct 30, 2024 4:20 pm JST Earnings

6111 ASAHI-SEIKI MANUFACTURING CO.,LTD. 【J-GAAP】

Earnings Report

ASAHI-SEIKI MANUFACTURING CO.,LTD. <6111> [NSE-M] announced its financial results after the market closed on October 30th (16:20). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a loss of 6 million yen (compared to a profit of 103 million yen in the same period last year).

In addition, the full-year ordinary profit/loss has been revised downward from an expected profit of 420 million yen to a loss of 80 million yen (compared to a break even in the previous period), turning to a loss outlook.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary loss for the October to March period (second half) is expected to further decrease to loss of 74 million yen (compared to a loss of 103 million yen in the same period last year).

At the same time, the company has been reduced its planned year-end lump-sum dividend for the current fiscal year, from the original plan of 70 yen to 60～70 yen (compared to 70 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the ordinary profit decreased to 51 million yen, a 8.9% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 1.5% in the same period last year to 1.5%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	5,898	197	236	156	62.9	55.1	Oct 27, 2022	J-GAAP
Apr - Sep, 2023	5,740	73	103	60	24.4	ー	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	4,838	-51	-6	-7	-3.1	ー	Oct 30, 2024	J-GAAP
YoY	-15.7%	－	－	－	－

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	ー	ー	ー	ー	－	－	Apr 30, 2024	J-GAAP
Apr - Sep, 2024 Results	4,838	-51	-6	-7	-3.1	－	Oct 30, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	14,500	340	420	300	120.6	70	Apr 30, 2024	J-GAAP
Mar, 2025 New	12,600	-160	-80	200	80.4	60	Oct 30, 2024	J-GAAP
Revision Rate	-13.1%	－	－	-33.3%	-33.3%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	7,403	-117	-103	54	21.8	70	Apr 30, 2024	J-GAAP
Oct - Mar, 2024 Guidance	7,762	-109	-74	207	83.2	60	Oct 30, 2024	J-GAAP
YoY	+4.8%	+6.8%	+28.2%	+283.3%	+281.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	13,100	348	428	295	118.8	70	Apr 27, 2023	J-GAAP
Mar, 2024	13,143	-44	0	114	46.0	70	Apr 30, 2024	J-GAAP
Mar, 2025 Guidance	12,600	-160	-80	200	80.4	60	Oct 30, 2024	J-GAAP
YoY	-4.1%	-263.6%	－	+75.4%	+74.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	3,024	46	56	31	12.6	1.5	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	2,700	-259	-256	-21	-8.5	-9.6	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	4,703	142	153	75	30.3	3.0	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	1,881	-94	-57	-41	-16.8	-5.0	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	2,957	43	51	34	15.1	1.5	Oct 30, 2024	J-GAAP
YoY	-2.2%	-6.5%	-8.9%	+9.7%	+19.6%