Akasaka Diesels, Apr-Dec (Cumulative 3Q) Ordinary Profit Turns to Profit, Exceeds Full-Year Plan
6022 Akasaka Diesels Ltd. 【J-GAAP】
Earnings ReportAkasaka Diesels Ltd. <6022> [TSE Std] announced its financial results in the afternoon session on February 5th (15:00). The ordinary profit/loss (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 53 million yen (compared to a loss of 305 million yen in the same period last year). The progress rate toward the full-year plan of 50 million yen is 106.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit/loss for the January to March period (4Q) is expected to turn into a loss of 3 million yen (compared to a profit of 336 million yen in the same period last year).
In the most recent three-month period, from October to December (3Q), the ordinary profit/loss turned to a profit of 17 million yen (compared to a loss of 243 million yen in the same period last year). The operating profit/loss margin drastically improved from -16.6% in the same period last year to -0.6%.
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