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DAITO KOUN CO.,LTD., July-September (2Q) Ordinary Profit Increases by 14%

Tue Nov 12, 2024 3:30 pm JST Earnings

9367 DAITO KOUN CO.,LTD. 【J-GAAP】

Earnings Report

DAITO KOUN CO.,LTD. <9367> [TSE-S] announced its financial results after the market closed on November 12th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 3.9% from the same period last year to 439 million yen. However, The progress rate against the 850 million yen full-year plan was 51.6%, almost the same as the five-year average of 51.4%.

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 21.2% from the same period last year, reaching 411 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 13.8% from the same period last year, reaching 222 million yen. The operating profit margin improved from 4.2% in the same period last year to 4.7%.

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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 8,718 589 635 427 49.8 53.9 Nov 9, 2022 J-GAAP
Apr - Sep, 2023 8,224 393 457 279 32.4 57.4 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 8,411 372 439 301 35.0 51.6 Nov 12, 2024 J-GAAP
YoY +2.3% -5.3% -3.9% +7.9% +8.0%

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 － 12 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 8,411 372 439 301 35.0 12 Nov 12, 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 7,827 248 339 255 29.7 11 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 8,589 378 411 279 32.3 12 Nov 12, 2024 J-GAAP
YoY +9.7% +52.4% +21.2% +9.4% +9.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 17,130 1,038 1,178 783 91.2 20 May 12, 2023 J-GAAP
Mar, 2024 16,051 641 796 534 62.1 21 May 14, 2024 J-GAAP
Mar, 2025 Guidance 17,000 750 850 580 67.2 24 May 14, 2024 J-GAAP
YoY +5.9% +17.0% +6.8% +8.6% +8.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 4,005 170 195 106 12.3 4.2 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 4,121 196 269 206 24.0 4.8 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 3,706 52 70 49 5.7 1.4 May 14, 2024 J-GAAP
Apr - Jun, 2024 4,250 178 217 140 16.3 4.2 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 4,161 194 222 161 18.7 4.7 Nov 12, 2024 J-GAAP
YoY +3.9% +14.1% +13.8% +51.9% +52.0%

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