Adastria, Mar-Nov (Cumulative 3Q) Ordinary Profit Decreases by 10%, Sep-Nov Ordinary Profit Decreases by 23%

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.

Fri Dec 27, 2024 3:30 pm JST Earnings

2685 Adastria Co., Ltd. 【J-GAAP】

Earnings Report

Adastria Co., Ltd. <2685> [TSE Prime] announced its financial results after the market closed on December 27th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2025 (March to November) decreased 10.4% from the same period last year to 14.9 billion yen. The progress rate toward the full-year plan of 19 billion yen was 78.8%, below the five-year average of 91.2%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the December to February period (4Q) is expected to surge 2.4 times that of the same period last year, reaching 4.03 billion yen.

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit decreased to 4.65 billion yen, a 23.4% decrease compared to the same period last year. The operating profit margin worsened from 8.5% in the same period last year to 6.4%.

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
Mar - Nov, 2022	177,026	11,165	11,805	7,616	168.1	98.2	Dec 29, 2022	J-GAAP
Mar - Nov, 2023	203,252	16,306	16,708	11,541	254.1	90.9	Dec 29, 2023	J-GAAP
Mar - Nov, 2024	220,089	14,770	14,967	9,907	215.7	78.8	Dec 27, 2024	J-GAAP
YoY	+8.3%	-9.4%	-10.4%	-14.2%	-15.1%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2023	142,700	7,704	7,750	6,419	141.4	50	Apr 4, 2024	J-GAAP
Sep - Feb, 2024 Guidance	145,797	9,085	8,684	5,752	124.3	55	Sep 30, 2024	J-GAAP
YoY	+2.2%	+17.9%	+12.1%	-10.4%	-12.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	242,552	11,515	12,026	7,540	166.4	60	Apr 4, 2023	J-GAAP
Feb, 2024	275,596	18,015	18,389	13,513	297.8	85	Apr 4, 2024	J-GAAP
Feb, 2025 Guidance	290,000	19,000	19,000	12,700	274.3	90	Apr 4, 2024	J-GAAP
YoY	+5.2%	+5.5%	+3.3%	-6.0%	-7.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Sep - Nov, 2023	70,356	5,995	6,069	4,447	97.9	8.5	Dec 29, 2023	J-GAAP
Dec - Feb, 2023	72,344	1,709	1,681	1,972	43.5	2.4	Apr 4, 2024	J-GAAP
Mar - May, 2024	74,001	6,014	6,288	4,405	97.3	8.1	Jun 28, 2024	J-GAAP
Jun - Aug, 2024	70,202	3,901	4,028	2,543	55.6	5.6	Sep 30, 2024	J-GAAP
Sep - Nov, 2024	75,886	4,855	4,651	2,959	64.4	6.4	Dec 27, 2024	J-GAAP
YoY	+7.9%	-19.0%	-23.4%	-33.5%	-34.2%