kabutan

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

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 -68.2 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 -225 -264 -299 -68.4 4 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 9,787 55 69 177 39.6 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 -358 -332 -453 -103.6 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% +72.1% +84.9% － －

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 -1 6 -63 -14.5 0.0 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 4,471 -224 -270 -236 -54.0 -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%

Related Articles