kabutan

Daiki Axis Co.,Ltd., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 48%, July-September Ordinary Profit Increases by 32%

Thu Nov 14, 2024 12:30 pm JST Earnings

4245 Daiki Axis Co.,Ltd. 【J-GAAP】

Earnings Report

Daiki Axis Co.,Ltd. <4245> [TSE-S] announced its financial results at noon (12:30) on November 14th. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) expanded to 763 million yen, an increase of 48.4% compared to the same period last year. The progress rate against the 800 million yen full-year plan was 95.4%, also surpassing the five-year average of 73.7%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to significant drop by 88.5% from the same period last year to 37 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased by 32.4% from the same period last year, reaching 135 million yen. The operating profit margin improved from 0.3% in the same period last year to 1.1%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2022 29,059 590 865 489 36.8 73.8 Nov 14, 2022 J-GAAP
Jan - Sep, 2023 31,248 360 514 17 1.3 61.4 Nov 14, 2023 J-GAAP
Jan - Sep, 2024 33,522 677 763 233 17.6 95.4 Nov 14, 2024 J-GAAP
YoY +7.3% +88.1% +48.4% +1,270.6% +1,251.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 21,614 330 425 201 15.1 15 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 21,890 176 172 134 10.1 12 Aug 9, 2024 J-GAAP
YoY +1.3% -46.7% -59.5% -33.3% -33.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 39,478 826 1,172 574 43.3 24 Feb 14, 2023 J-GAAP
Dec, 2023 42,681 660 837 205 15.4 30 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 44,500 730 800 400 30.2 24 Feb 14, 2024 J-GAAP
YoY +4.3% +10.6% -4.4% +95.1% +95.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 10,181 30 102 13 1.0 0.3 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 11,433 300 323 188 14.2 2.6 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 11,966 509 494 254 19.1 4.3 May 14, 2024 J-GAAP
Apr - Jun, 2024 10,644 45 134 12 0.9 0.4 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 10,912 123 135 -33 -2.5 1.1 Nov 14, 2024 J-GAAP
YoY +7.2% +310.0% +32.4% － －

Related Articles