kabutan

DAISUE CONSTRUCTION CO., LTD., First Half Ordinary Profit Increases by 4.2 times, July-September Ordinary Profit Turns to Profit

Wed Nov 6, 2024 4:00 pm JST Earnings

1814 DAISUE CONSTRUCTION CO., LTD. 【J-GAAP】

Earnings Report

DAISUE CONSTRUCTION CO., LTD. <1814> [TSE-P] announced its financial results after the market closed on November 6th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 4.2 times that of the same period last year, reaching 1.13 billion yen. The progress rate against the 2.58 billion yen full-year plan was 44.1%, exceeding the five-year average of 40.6%.

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 grow by 8.3% from the same period last year, reaching 1.44 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a profit of profit of 581 million yen (compared to a loss of 49 million yen in the same period last year). The operating profit/loss margin significantly improved from -0.2% in the same period last year to 2.8%.

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 38,818 931 957 674 64.6 49.4 Nov 8, 2022 J-GAAP
Apr - Sep, 2023 36,252 233 270 277 26.5 16.9 Nov 7, 2023 J-GAAP
Apr - Sep, 2024 41,057 1,117 1,138 757 72.7 44.1 Nov 6, 2024 J-GAAP
YoY +13.3% +379.4% +321.5% +173.3% +174.9%

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 41,000 1,110 1,130 750 71.8 44.50 Oct 25, 2024 J-GAAP
Apr - Sep, 2024 Results 41,057 1,117 1,138 757 72.7 44.50 Nov 6, 2024 J-GAAP
Revision Rate +0.1% +0.6% +0.7% +0.9% +1.3%

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 41,563 1,357 1,332 958 92.5 35 May 8, 2024 J-GAAP
Oct - Mar, 2024 Guidance 42,843 1,483 1,442 943 90.3 44.50 Nov 6, 2024 J-GAAP
YoY +3.1% +9.3% +8.3% -1.6% -2.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 71,834 1,887 1,939 1,321 126.2 64 May 9, 2023 J-GAAP
Mar, 2024 77,815 1,590 1,602 1,235 119.2 70 May 8, 2024 J-GAAP
Mar, 2025 Guidance 83,900 2,600 2,580 1,700 162.7 89 May 8, 2024 J-GAAP
YoY +7.8% +63.5% +61.0% +37.7% +36.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 18,899 -41 -49 74 7.1 -0.2 Nov 7, 2023 J-GAAP
Oct - Dec, 2023 20,503 246 275 198 18.9 1.2 Feb 7, 2024 J-GAAP
Jan - Mar, 2024 21,060 1,111 1,057 760 73.4 5.3 May 8, 2024 J-GAAP
Apr - Jun, 2024 19,901 520 557 379 36.5 2.6 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 21,156 597 581 378 36.3 2.8 Nov 6, 2024 J-GAAP
YoY +11.9% － － +410.8% +413.6%

Related Articles