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

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.

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%.

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	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%