KATSURAGAWA ELECTRIC CO.,LTD., First Half Ordinary Profit Turns to Loss, July-September Ordinary Profit Turns to Loss

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Thu Nov 14, 2024 3:00 pm JST Earnings

6416 KATSURAGAWA ELECTRIC CO.,LTD. 【J-GAAP】

Earnings Report

KATSURAGAWA ELECTRIC CO.,LTD. <6416> [TSE-S] announced its financial results in the afternoon session on November 14th (15:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a loss of 129 million yen (compared to a profit of 121 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 241 million yen (compared to a profit of 141 million yen in the same period last year). The operating profit/loss margin drastically worsened from 6.4% in the same period last year to -5.0%.

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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	2,850	-319	-190	-207	-135.3	ー	Nov 14, 2022	J-GAAP
Apr - Sep, 2023	2,800	-22	121	111	72.8	64.4	Nov 14, 2023	J-GAAP
Apr - Sep, 2024	3,107	-53	-129	-169	-110.9	ー	Nov 14, 2024	J-GAAP
YoY	+11.0%	-140.9%	－	－	－

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	ー	ー	ー	ー	－	0	May 20, 2024	J-GAAP
Apr - Sep, 2024 Results	3,107	-53	-129	-169	-110.9	0	Nov 14, 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	3,458	35	67	73	47.8	0	May 20, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	ー	ー	－	0	May 20, 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	5,474	-751	-756	-659	-430.5	0	May 19, 2023	J-GAAP
Mar, 2024	6,258	13	188	184	120.4	0	May 20, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	ー	ー	－	0	May 20, 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	1,433	92	141	132	86.6	6.4	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	1,598	-2	-91	-93	-63.4	-0.1	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	1,860	37	158	166	108.6	2.0	May 20, 2024	J-GAAP
Apr - Jun, 2024	1,634	21	112	72	47.6	1.3	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	1,473	-74	-241	-241	-158.2	-5.0	Nov 14, 2024	J-GAAP
YoY	+2.8%	－	－	－	－