EDP Corporation, First Half Ordinary Profit Loss Widens, Financial results for changed to Undetermined

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Tue Nov 12, 2024 4:30 pm JST Earnings

7794 EDP Corporation 【J-GAAP】

Earnings Report

EDP Corporation <7794> [TSE-G] announced its financial results after the market closed on November 12th (16:30). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to a loss of 572 million yen (compared to a loss of 22 million yen in the previous period non-consolidated).

In addition, the company has withdrawn its previous forecast of 263 million yen in consolidated ordinary profit/loss for and has changed it to undetermined.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary loss expanded to a loss of 414 million yen (compared to a loss of 1 million yen in the previous period non-consolidated). The operating profit/loss margin drastically worsened from -10.8% in the same period last year to -186.9%.

Note: Since the current fiscal year, the company has transitioned to consolidated financial statements.

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	1,269	597	649	460	38.3	50.7	Nov 11, 2022	J-GAAP
Apr - Sep, 2023	292	-128	-22	-6	-0.5	ー	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	436	-546	-572	-576	-43.8	ー	Nov 12, 2024	J-GAAP
YoY	+49.3%	-326.6%	-2,500.0%	-9,500.0%	-8,321.2%

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	－	0	May 10, 2024	J-GAAP
Apr - Sep, 2024 Results	436	-546	-572	-576	-43.8	0	Nov 12, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	2,362	274	263	180	13.3	0	May 10, 2024	J-GAAP
Mar, 2025 New	ー	ー	ー	ー	－	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	465	-85	-75	-105	-8.0	0	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	ー	ー	－	0	May 10, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	2,707	1,280	1,280	909	72.5	0	May 12, 2023	J-GAAP
Mar, 2024	757	-213	-97	-111	-8.5	0	May 10, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	ー	ー	－	0	Nov 12, 2024	J-GAAP
YoY	－	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	222	-24	-1	-3	-0.3	-10.8	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	207	-108	-134	-164	-12.6	-52.2	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	258	23	59	59	4.5	8.9	May 10, 2024	J-GAAP
Apr - Jun, 2024	237	-174	-158	-162	-12.4	-73.4	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	199	-372	-414	-414	-31.5	-186.9	Nov 12, 2024	J-GAAP
YoY	-10.4%	-1,450.0%	-41,300.0%	-13,700.0%	-12,003.8%