OPTOELECTRONICS, Last Fiscal Year Ordinary Profit Loss Widened in Downward Revision

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Thu Dec 26, 2024 5:45 pm JST Revision

6664 OPTOELECTRONICS CO.,LTD. 【J-GAAP】

Guidance Update Report

OPTOELECTRONICS CO.,LTD. <6664> [TSE Std] announced a performance revision after the market closed on December 26th (17:45). The consolidated ordinary profit/loss for the fiscal year ending November 2024 has been revised downward from an expected loss of 228 million yen to a loss of 612 million yen (compared to a loss of 490 million yen in the previous period), indicating an expansion in the loss margin.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the June to November period (2H) consolidated ordinary profit/loss has been revised downward from an expected profit of 57 million yen to a loss of 327 million yen (compared to a loss of 367 million yen in the same period of the previous year), turning to a loss outlook.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2024 Prev	3,841	22	57	80	13.0	0	Jun 26, 2024	J-GAAP
Jun - Nov, 2024 New	3,216	-309	-327	-350	-57.0	0	Dec 26, 2024	J-GAAP
Revision Rate	-16.3%	－	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2024 Prev	6,967	-199	-228	-240	-38.9	0	Dec 27, 2023	J-GAAP
Nov, 2024 New	6,342	-530	-612	-670	-109.1	0	Dec 26, 2024	J-GAAP
Revision Rate	-9.0%	-166.3%	-168.4%	-179.2%	-180.8%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2023	3,455	-409	-367	-669	-108.3	0	Dec 27, 2023	J-GAAP
Jun - Nov, 2024 Guidance	3,216	-309	-327	-350	-57.0	0	Dec 26, 2024	J-GAAP
YoY	-6.9%	+24.4%	+10.9%	+47.7%	+47.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	7,211	315	178	-47	-7.7	0	Dec 27, 2022	J-GAAP
Nov, 2023	6,878	-462	-490	-815	-132.0	0	Dec 27, 2023	J-GAAP
Nov, 2024 Guidance	6,342	-530	-612	-670	-109.1	0	Dec 26, 2024	J-GAAP
YoY	-7.8%	-14.7%	-24.9%	+17.8%	+17.3%