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Daiseki Eco. Solution, Mar-Nov (Cumulative 3Q) Ordinary Profit Decreases by 34%, Sep-Nov Ordinary Profit Decreases by 24%

Mon Jan 6, 2025 3:30 pm JST Earnings

1712 Daiseki Eco. Solution Co.,Ltd. 【J-GAAP】

Earnings Report

Daiseki Eco. Solution Co.,Ltd. <1712> [TSE Std] announced its financial results after the market closed on January 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2025 (March to November) dropped 34.2% from the same period last year to 1.67 billion yen. The progress rate toward the full-year plan of 2.25 billion yen was 74.6%, also falling below the five-year average of 78.2%.

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 2.1 times that of the same period last year, reaching 0.57 billion yen.

In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit decreased to 0.6 billion yen, a 24.2% decrease compared to the same period last year. The operating profit margin decreased from 13.3% in the same period last year to 11.5%.

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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 11,872 930 940 462 27.5 66.6 Jan 5, 2023 J-GAAP
Mar - Nov, 2023 19,575 2,531 2,551 1,567 93.3 90.5 Jan 5, 2024 J-GAAP
Mar - Nov, 2024 14,175 1,671 1,679 939 56.0 74.6 Jan 6, 2025 J-GAAP
YoY -27.6% -34.0% -34.2% -40.1% -40.0%

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 10,518 1,051 1,064 689 41.0 7 Apr 4, 2024 J-GAAP
Sep - Feb, 2024 Guidance 8,847 1,177 1,176 676 40.3 7 Oct 1, 2024 J-GAAP
YoY -15.9% +12.0% +10.5% -1.9% -1.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 16,411 1,373 1,412 724 43.1 10 Apr 5, 2023 J-GAAP
Feb, 2024 24,150 2,792 2,818 1,781 106.1 12 Apr 4, 2024 J-GAAP
Feb, 2025 Guidance 17,754 2,244 2,251 1,272 75.8 14 Apr 4, 2024 J-GAAP
YoY -26.5% -19.6% -20.1% -28.6% -28.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 5,943 790 797 475 28.3 13.3 Jan 5, 2024 J-GAAP
Dec - Feb, 2023 4,575 261 267 214 12.7 5.7 Apr 4, 2024 J-GAAP
Mar - May, 2024 4,747 555 553 302 18.0 11.7 Jul 1, 2024 J-GAAP
Jun - Aug, 2024 4,160 512 522 294 17.5 12.3 Oct 1, 2024 J-GAAP
Sep - Nov, 2024 5,268 604 604 343 20.4 11.5 Jan 6, 2025 J-GAAP
YoY -11.4% -23.5% -24.2% -27.8% -27.7%

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