DOWA HOLDINGS CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Upward by 5%

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.

Mon Nov 11, 2024 3:00 pm JST Earnings

5714 DOWA HOLDINGS CO.,LTD. 【J-GAAP】

Earnings Report

DOWA HOLDINGS CO.,LTD. <5714> [TSE-P] announced its financial results in the afternoon session on November 11th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 23.7% from the same period last year, reaching 26.9 billion yen, exceeded the previous forecast of 22 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward by 5.0%, from the previous forecast of 40 billion yen to 42 billion yen (compared to 44.7 billion yen in the previous period), and the declining rate is expected to decrease from 10.6% to 6.1%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop by 34.5% from the same period last year to 15 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 38.0% from the same period last year, reaching 12.7 billion yen. The operating profit margin improved from 3.8% in the same period last year to 6.0%.

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	401,826	30,044	36,939	22,736	382.1	66.6	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	370,759	14,263	21,827	13,185	221.5	48.8	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	352,593	21,471	26,993	20,520	344.7	64.3	Nov 11, 2024	J-GAAP
YoY	-4.9%	+50.5%	+23.7%	+55.6%	+55.6%

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	357,000	17,300	22,000	15,200	255.3	－	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	352,593	21,471	26,993	20,520	344.7	－	Nov 11, 2024	J-GAAP
Revision Rate	-1.2%	+24.1%	+22.7%	+35.0%	+35.0%

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	747,000	30,500	40,000	27,000	453.4	130	May 10, 2024	J-GAAP
Mar, 2025 New	700,000	32,000	42,000	30,000	503.8	130	Nov 11, 2024	J-GAAP
Revision Rate	-6.3%	+4.9%	+5.0%	+11.1%	+11.1%

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	346,435	15,740	22,918	14,668	246.4	130	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	347,407	10,529	15,007	9,480	159.2	130	Nov 11, 2024	J-GAAP
YoY	+0.3%	-33.1%	-34.5%	-35.4%	-35.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	780,060	44,610	55,501	25,041	420.8	130	May 12, 2023	J-GAAP
Mar, 2024	717,194	30,003	44,745	27,853	467.9	130	May 10, 2024	J-GAAP
Mar, 2025 Guidance	700,000	32,000	42,000	30,000	503.8	130	Nov 11, 2024	J-GAAP
YoY	-2.4%	+6.7%	-6.1%	+7.7%	+7.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	179,798	6,917	9,210	5,332	89.6	3.8	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	180,916	8,390	11,311	10,835	182.0	4.6	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	165,519	7,350	11,607	3,833	64.4	4.4	May 10, 2024	J-GAAP
Apr - Jun, 2024	188,994	11,733	14,287	11,781	197.9	6.2	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	163,599	9,738	12,706	8,739	146.8	6.0	Nov 11, 2024	J-GAAP
YoY	-9.0%	+40.8%	+38.0%	+63.9%	+63.9%