OHASHI TECHNICA INC., First Half Ordinary Profit Increases by 39%, July-September Ordinary Profit Increases by 61%

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

7628 OHASHI TECHNICA INC. 【J-GAAP】

Earnings Report

OHASHI TECHNICA INC. <7628> [TSE-P] 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) expanded to 1.13 billion yen, an increase of 38.9% compared to the same period last year. However, The progress rate against the 2.5 billion yen full-year plan was 45.3%, almost the same as the five-year average of 45.3%.

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 16.2% from the same period last year, reaching 1.36 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 60.8% from the same period last year, reaching 672 million yen. The operating profit margin improved from 3.3% in the same period last year to 5.4%.

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	16,582	976	1,127	794	58.6	47.0	Nov 10, 2022	J-GAAP
Apr - Sep, 2023	18,753	662	815	185	13.7	40.9	Nov 8, 2023	J-GAAP
Apr - Sep, 2024	20,336	879	1,132	758	57.6	45.3	Nov 12, 2024	J-GAAP
YoY	+8.4%	+32.8%	+38.9%	+309.7%	+318.9%

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	ー	ー	ー	ー	－	34	May 14, 2024	J-GAAP
Apr - Sep, 2024 Results	20,336	879	1,132	758	57.6	34	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	20,459	979	1,177	821	61.3	30	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	20,664	1,221	1,368	1,042	79.3	34	Nov 12, 2024	J-GAAP
YoY	+1.0%	+24.7%	+16.2%	+26.9%	+29.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	34,974	2,061	2,396	1,283	95.0	57	May 11, 2023	J-GAAP
Mar, 2024	39,212	1,641	1,992	1,006	75.1	60	May 14, 2024	J-GAAP
Mar, 2025 Guidance	41,000	2,100	2,500	1,800	137.0	68	May 14, 2024	J-GAAP
YoY	+4.6%	+28.0%	+25.5%	+78.9%	+82.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	9,475	309	418	208	15.5	3.3	Nov 8, 2023	J-GAAP
Oct - Dec, 2023	10,245	486	593	400	29.8	4.7	Feb 8, 2024	J-GAAP
Jan - Mar, 2024	10,214	493	584	421	31.4	4.8	May 14, 2024	J-GAAP
Apr - Jun, 2024	9,967	321	460	314	23.9	3.2	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	10,369	558	672	444	33.7	5.4	Nov 12, 2024	J-GAAP
YoY	+9.4%	+80.6%	+60.8%	+113.5%	+118.2%