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AWA PAPER & TECHNOLOGICAL COMPANY, Inc., First Half Net Income Turns to Loss, July-September Net Income Loss Widens

Tue Nov 12, 2024 3:30 pm JST Earnings

3896 AWA PAPER & TECHNOLOGICAL COMPANY, Inc. 【J-GAAP】

Earnings Report

AWA PAPER & TECHNOLOGICAL COMPANY, Inc. <3896> [TSE-S] announced its financial results after the market closed on November 12th (15:30). The consolidated net income/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a loss of 203 million yen (compared to a profit of 68 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the October to March period (second half) is expected to turn into a profit of 353 million yen (compared to a loss of 16 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated net loss expanded to a loss of 42 million yen (compared to a loss of 24 million yen in the same period last year). However, the operating profit/loss margin significantly improved from -0.2% in the same period last year to 3.0%.

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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 8,273 149 152 136 13.7 45.4 Nov 9, 2022 J-GAAP
Apr - Sep, 2023 8,253 95 72 68 6.8 28.0 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 8,092 -9 -52 -203 -20.4 Nov 12, 2024 J-GAAP
YoY -2.0%

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 0 Sep 12, 2024 J-GAAP
Apr - Sep, 2024 Results 8,092 -9 -52 -203 -20.4 0 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 7,862 259 185 -16 -1.6 0 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 9,508 279 382 353 35.4 Nov 12, 2024 J-GAAP
YoY +20.9% +7.7% +106.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 17,309 376 335 242 24.3 3.50 May 11, 2023 J-GAAP
Mar, 2024 16,115 354 257 52 5.3 2 May 13, 2024 J-GAAP
Mar, 2025 Guidance 17,600 270 330 150 15.0 May 13, 2024 J-GAAP
YoY +9.2% -23.7% +28.4% +188.5% +185.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 4,068 -9 -36 -24 -2.4 -0.2 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 4,166 153 152 63 6.3 3.7 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 3,696 106 33 -79 -8.0 2.9 May 13, 2024 J-GAAP
Apr - Jun, 2024 3,691 -141 -126 -161 -16.2 -3.8 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 4,401 132 74 -42 -4.2 3.0 Nov 12, 2024 J-GAAP
YoY +8.2% -75.0% -74.7%

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