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Akasaka Diesels, Apr-Dec (Cumulative 3Q) Ordinary Profit Turns to Profit, Exceeds Full-Year Plan

Wed Feb 5, 2025 3:00 pm JST Earnings

6022 Akasaka Diesels Ltd. 【J-GAAP】

Earnings Report

Akasaka 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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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 4,918 -3 92 55 41.8 29.0 Feb 8, 2023 J-GAAP
Apr - Dec, 2023 5,357 -351 -305 -210 -158.7 ー Feb 8, 2024 J-GAAP
Apr - Dec, 2024 5,749 7 53 31 23.3 106.0 Feb 5, 2025 J-GAAP
YoY +7.3% － － － －

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 4,153 77 93 82 62.5 30 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 3,584 -8 14 14 10.5 － Nov 8, 2024 J-GAAP
YoY -13.7% － -84.9% -82.9% -83.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 6,594 112 317 254 192.4 30 May 11, 2023 J-GAAP
Mar, 2024 7,934 -12 31 37 28.2 30 May 13, 2024 J-GAAP
Mar, 2025 Guidance 7,500 10 50 35 26.1 － May 13, 2024 J-GAAP
YoY -5.5% － +61.3% -5.4% -7.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,576 -262 -243 -165 -124.7 -16.6 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 2,577 339 336 247 188.2 13.2 May 13, 2024 J-GAAP
Apr - Jun, 2024 1,710 67 84 55 41.6 3.9 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 2,206 -49 -48 -34 -26.3 -2.2 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 1,833 -11 17 10 7.5 -0.6 Feb 5, 2025 J-GAAP
YoY +16.3% +95.8% － － －

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