kabutan

THE DAITO BANK, LTD., First Half Ordinary Profit Increases by 9%, July-September Ordinary Profit Increases by 9%

Fri Nov 8, 2024 3:30 pm JST Earnings

8563 THE DAITO BANK, LTD. 【J-GAAP】

Earnings Report

THE DAITO BANK, LTD. <8563> [TSE-S] announced its financial results after the market closed on November 8th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 9.0% from the same period last year, reaching 1.35 billion yen. The progress rate against the 1.9 billion yen full-year plan was 71.2%, also surpassing the five-year average of 59.5%.

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 decrease by 16.0% from the same period last year to 547 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 9.2% from the same period last year, reaching 591 million yen.

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 6,546 1,540 856 67.7 76.4 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 6,574 1,241 856 67.6 65.6 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 6,520 1,353 917 72.4 71.2 Nov 8, 2024 J-GAAP
YoY -0.8% +9.0% +7.1% +7.2%

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 6,500 1,350 910 71.8 Oct 30, 2024 J-GAAP
Apr - Sep, 2024 Results 6,520 1,353 917 72.4 Nov 8, 2024 J-GAAP
Revision Rate +0.3% +0.2% +0.8% +0.8%

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 7,005 651 399 31.5 30 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 6,080 547 283 22.4 30 Nov 8, 2024 J-GAAP
YoY -13.2% -16.0% -29.1% -29.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 13,023 2,017 1,283 101.4 30 May 12, 2023 J-GAAP
Mar, 2024 13,579 1,892 1,255 99.0 30 May 10, 2024 J-GAAP
Mar, 2025 Guidance 12,600 1,900 1,200 94.8 30 May 10, 2024 J-GAAP
YoY -7.2% +0.4% -4.4% -4.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 3,271 541 336 26.5 0.0 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 3,284 399 266 21.0 0.0 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 3,721 252 133 10.5 0.0 May 10, 2024 J-GAAP
Apr - Jun, 2024 3,289 762 552 43.6 0.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 3,231 591 365 28.8 0.0 Nov 8, 2024 J-GAAP
YoY -1.2% +9.2% +8.6% +8.7%

Related Articles