AIRPORT FACILITIES Co.,LTD., First Half Ordinary Profit Increases by 36%, July-September Ordinary Profit Increases by 61%

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.

Thu Oct 31, 2024 3:00 pm JST Earnings

8864 AIRPORT FACILITIES Co.,LTD. 【J-GAAP】

Earnings Report

AIRPORT FACILITIES Co.,LTD. <8864> [TSE-P] announced its financial results after the market closed on October 31st (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 2.64 billion yen, an increase of 36.2% compared to the same period last year. The progress rate against the 3.2 billion yen full-year plan was 82.5%, also surpassing the five-year average of 66.2%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to significant drop by 54.5% from the same period last year to 561 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 61.0% from the same period last year, reaching 1.37 billion yen. The operating profit margin jumped from 12.1% in the same period last year to 17.5%.

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	12,715	1,807	1,699	1,297	26.0	80.1	Oct 27, 2022	J-GAAP
Apr - Sep, 2023	13,114	1,926	1,941	1,241	24.8	61.1	Oct 26, 2023	J-GAAP
Apr - Sep, 2024	14,093	2,527	2,644	1,748	34.8	82.5	Oct 31, 2024	J-GAAP
YoY	+7.5%	+31.2%	+36.2%	+40.9%	+40.5%

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	－	9	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	14,093	2,527	2,644	1,748	34.8	9	Oct 31, 2024	J-GAAP
Revision Rate	－	－	－	－	－

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	12,836	1,257	1,234	779	15.5	10	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	15,321	876	561	445	8.9	9	Oct 31, 2024	J-GAAP
YoY	+19.4%	-30.3%	-54.5%	-42.9%	-43.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	25,516	2,503	2,121	1,564	31.3	14	May 11, 2023	J-GAAP
Mar, 2024	25,950	3,183	3,175	2,020	40.3	17	May 10, 2024	J-GAAP
Mar, 2025 Guidance	29,414	3,403	3,205	2,193	43.6	18	May 10, 2024	J-GAAP
YoY	+13.3%	+6.9%	+0.9%	+8.6%	+8.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	6,783	820	852	560	11.2	12.1	Oct 26, 2023	J-GAAP
Oct - Dec, 2023	6,353	985	958	601	12.0	15.5	Jan 25, 2024	J-GAAP
Jan - Mar, 2024	6,483	272	276	178	3.6	4.2	May 10, 2024	J-GAAP
Apr - Jun, 2024	6,676	1,227	1,272	831	16.6	18.4	Jul 25, 2024	J-GAAP
Jul - Sep, 2024	7,417	1,300	1,372	917	18.3	17.5	Oct 31, 2024	J-GAAP
YoY	+9.3%	+58.5%	+61.0%	+63.7%	+63.3%