kabutan

HIRAKAWA HEWTECH, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 34%, Oct-Dec Ordinary Profit Increases by 66%

Tue Feb 4, 2025 3:30 pm JST Earnings

5821 HIRAKAWA HEWTECH CORP. 【J-GAAP】

Earnings Report

HIRAKAWA HEWTECH CORP. <5821> [TSE Prime] announced its financial results after the market closed on February 4th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 2.17 billion yen, an increase 33.7% compared to the same period last year. The progress rate toward the full-year plan of 2.21 billion yen was 98.6%, also surpassing the five-year average of 77.6%.

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 January to March period (4Q) is expected to significant drop 93.1% from the same period last year to 0.03 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 66.4% from the same period last year, reaching 0.87 billion yen. However, the operating profit margin worsened from 6.9% in the same period last year to 5.1%.

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
Apr - Dec, 2022 24,694 2,381 2,645 2,201 156.7 75.5 Feb 3, 2023 J-GAAP
Apr - Dec, 2023 22,347 1,327 1,630 830 59.1 78.3 Feb 2, 2024 J-GAAP
Apr - Dec, 2024 23,470 1,632 2,179 1,589 113.1 98.6 Feb 4, 2025 J-GAAP
YoY +5.0% +23.0% +33.7% +91.4% +91.4%

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 15,066 895 975 767 54.6 18 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 15,280 689 903 635 45.2 23 Nov 1, 2024 J-GAAP
YoY +1.4% -23.0% -7.4% -17.2% -17.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 32,224 3,103 3,501 2,955 210.4 36 May 10, 2023 J-GAAP
Mar, 2024 29,326 1,667 2,081 1,444 102.8 36 May 9, 2024 J-GAAP
Mar, 2025 Guidance 31,300 1,940 2,210 1,640 116.8 45 May 9, 2024 J-GAAP
YoY +6.7% +16.4% +6.2% +13.6% +13.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 8,087 555 524 153 10.9 6.9 Feb 2, 2024 J-GAAP
Jan - Mar, 2024 6,979 340 451 614 43.7 4.9 May 9, 2024 J-GAAP
Apr - Jun, 2024 8,128 629 972 721 51.3 7.7 Aug 1, 2024 J-GAAP
Jul - Sep, 2024 7,892 622 335 284 20.2 7.9 Nov 1, 2024 J-GAAP
Oct - Dec, 2024 7,450 381 872 584 41.6 5.1 Feb 4, 2025 J-GAAP
YoY -7.9% -31.4% +66.4% +281.7% +281.5%

Related Articles