Daiwa Motor Transportation Co.,Ltd, The Current Fiscal Year Net Income Turns to Profit, Exceeds Expectations

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.

Wed Nov 13, 2024 3:40 pm JST Earnings

9082 Daiwa Motor Transportation Co.,Ltd 【J-GAAP】

Earnings Report

Daiwa Motor Transportation Co.,Ltd <9082> [TSE-S] announced its financial results after the market closed on November 13th (15:40). The consolidated net loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was a reduced loss of 147 million yen (compared to a loss of 154 million yen in the same period last year), a reduction in the deficit from the previous forecast of a loss of 185 million yen.

In addition, the full-year consolidated net income has been revised upward from an expected loss of 305 million yen to a profit of 30 million yen (compared to a loss of 532 million yen in the previous period), turning to a profit.

Based on the first-half performance announced by the company and the 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 177 million yen (compared to a loss of 378 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated net loss improved to a deficit of loss of 40 million yen (compared to a loss of 161 million yen in the same period last year). The operating profit/loss margin improved from -2.9% in the same period last year to -1.3%.

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	8,578	51	113	78	18.4	57.7	Nov 14, 2022	J-GAAP
Apr - Sep, 2023	9,188	-133	-68	-154	-35.5	ー	Nov 14, 2023	J-GAAP
Apr - Sep, 2024	9,348	-155	-119	-147	-33.1	ー	Nov 13, 2024	J-GAAP
YoY	+1.7%	-16.5%	-75.0%	+4.5%	+6.9%

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	9,200	-120	-130	-185	-41.2	4	May 15, 2024	J-GAAP
Apr - Sep, 2024 Results	9,348	-155	-119	-147	-33.1	4	Nov 13, 2024	J-GAAP
Revision Rate	+1.6%	-29.2%	+8.5%	+20.5%	+19.8%

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	18,600	-180	-225	-305	-67.9	8	May 15, 2024	J-GAAP
Mar, 2025 New	19,135	-100	-50	30	6.7	8	Nov 13, 2024	J-GAAP
Revision Rate	+2.9%	+44.4%	+77.8%	－	－

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	9,189	-333	-372	-378	-86.4	4	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	9,787	55	69	177	39.4	4	Nov 13, 2024	J-GAAP
YoY	+6.5%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	17,795	80	196	177	41.5	6	May 15, 2023	J-GAAP
Mar, 2024	18,377	-466	-440	-532	-121.6	8	May 15, 2024	J-GAAP
Mar, 2025 Guidance	19,135	-100	-50	30	6.7	8	Nov 13, 2024	J-GAAP
YoY	+4.1%	+78.5%	+88.6%	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	4,640	-136	-89	-161	-37.2	-2.9	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	4,718	-108	-101	-141	-32.3	-2.3	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	4,471	-225	-271	-237	-54.2	-5.0	May 15, 2024	J-GAAP
Apr - Jun, 2024	4,634	-95	-84	-107	-24.4	-2.1	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	4,714	-60	-35	-40	-9.0	-1.3	Nov 13, 2024	J-GAAP
YoY	+1.6%	+55.9%	+60.7%	+75.2%	+75.8%