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Dainichi, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 4%, Exceeds Full-Year Plan

Fri Jan 31, 2025 3:30 pm JST Earnings

5951 Dainichi Co., Ltd. 【J-GAAP】

Earnings Report

Dainichi Co., Ltd. <5951> [TSE Std] announced its financial results after the market closed on January 31st (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 3.9% from the same period last year to 2.03 billion yen. However, the progress rate toward the full-year plan of 1.3 billion yen is 156.6%, already exceeding the target and also exceeding the four-year average of 142.8%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary loss for the January to March period (4Q) is expected to further decrease loss of 0.73 billion yen (compared to a loss of 0.82 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the ordinary profit grew 19.7% from the same period last year, reaching 1.83 billion yen. The operating profit margin rose from 13.8% in the same period last year to 16.1%.

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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
Apr - Dec, 2022 19,603 2,358 2,521 1,824 112.7 152.1 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 18,345 1,958 2,119 1,499 92.7 163.8 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 17,537 1,878 2,036 1,480 91.5 156.6 Jan 31, 2025 J-GAAP
YoY -4.4% -4.1% -3.9% -1.3% -1.3%

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 11,965 613 709 491 30.3 22 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 13,456 1,047 1,100 776 48.0 22 Oct 31, 2024 J-GAAP
YoY +12.5% +70.8% +55.1% +58.0% +58.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 21,212 1,447 1,657 1,210 74.8 22 May 12, 2023 J-GAAP
Mar, 2024 19,650 1,100 1,294 888 54.9 22 May 13, 2024 J-GAAP
Mar, 2025 Guidance 20,000 1,150 1,300 900 55.6 22 May 13, 2024 J-GAAP
YoY +1.8% +4.5% +0.5% +1.4% +1.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 10,660 1,471 1,534 1,102 68.1 13.8 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 1,305 -858 -825 -611 -37.8 -65.7 May 13, 2024 J-GAAP
Apr - Jun, 2024 1,163 -531 -463 -327 -20.2 -45.7 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 5,381 634 663 451 28.0 11.8 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 10,993 1,775 1,836 1,356 83.8 16.1 Jan 31, 2025 J-GAAP
YoY +3.1% +20.7% +19.7% +23.0% +23.0%

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