DKK-TOA CORPORATION, First Half Ordinary Profit Decreases by 28%, July-September Ordinary Profit Decreases by 43%

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 4:00 pm JST Earnings

6848 DKK-TOA CORPORATION 【J-GAAP】

Earnings Report

DKK-TOA CORPORATION <6848> [TSE-S] announced its financial results after the market closed on November 12th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 28.4% from the same period last year to 408 million yen. The progress rate against the 1.63 billion yen full-year plan was 25.0%, also falling below the five-year average of 30.9%.

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 decrease by 4.5% from the same period last year to 1.22 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 169 million yen, a 43.3% decrease compared to the same period last year. The operating profit margin drastically worsened from 7.0% in the same period last year to 2.4%.

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	7,154	360	372	311	15.7	21.5	Oct 28, 2022	J-GAAP
Apr - Sep, 2023	7,666	545	570	391	19.9	30.8	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	8,059	319	408	262	13.3	25.0	Nov 12, 2024	J-GAAP
YoY	+5.1%	-41.5%	-28.4%	-33.0%	-33.2%

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	－	－	Apr 26, 2024	J-GAAP
Apr - Sep, 2024 Results	8,059	319	408	262	13.3	－	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	9,778	1,223	1,279	901	45.7	21	Apr 26, 2024	J-GAAP
Oct - Mar, 2024 Guidance	9,941	1,221	1,222	908	45.9	21	Nov 12, 2024	J-GAAP
YoY	+1.7%	-0.2%	-4.5%	+0.8%	+0.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	16,540	1,649	1,732	1,218	61.5	18	Apr 28, 2023	J-GAAP
Mar, 2024	17,444	1,768	1,849	1,292	65.5	21	Apr 26, 2024	J-GAAP
Mar, 2025 Guidance	18,000	1,540	1,630	1,170	59.2	21	Apr 26, 2024	J-GAAP
YoY	+3.2%	-12.9%	-11.8%	-9.4%	-9.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	3,981	279	298	210	10.7	7.0	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	4,697	692	711	505	25.6	14.7	Jan 30, 2024	J-GAAP
Jan - Mar, 2024	5,081	531	568	396	20.1	10.5	Apr 26, 2024	J-GAAP
Apr - Jun, 2024	3,854	216	239	146	7.4	5.6	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	4,205	103	169	116	5.9	2.4	Nov 12, 2024	J-GAAP
YoY	+5.6%	-63.1%	-43.3%	-44.8%	-44.9%