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CAR MATE MFG, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 12%, Oct-Dec Ordinary Profit Decreases by 30%

Wed Feb 5, 2025 3:00 pm JST Earnings

7297 CAR MATE MFG.CO.,LTD 【J-GAAP】

Earnings Report

CAR MATE MFG.CO.,LTD <7297> [TSE Std] announced its financial results in the afternoon session on February 5th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 12.2% from the same period last year to 498 million yen. The progress rate toward the full-year plan of 807 million yen was 61.7%, also falling below the five-year average of 128.6%.

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/loss for the January to March period (4Q) is expected to turn into a profit of 309 million yen (compared to a loss of 246 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 443 million yen, a 30.1% decrease compared to the same period last year. The operating profit margin decreased from 11.2% in the same period last year to 7.9%.

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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 12,776 707 812 532 75.5 138.8 Feb 3, 2023 J-GAAP
Apr - Dec, 2023 12,642 467 567 384 54.4 176.6 Feb 2, 2024 J-GAAP
Apr - Dec, 2024 12,097 430 498 338 48.0 61.7 Feb 5, 2025 J-GAAP
YoY -4.3% -7.9% -12.2% -12.0% -11.8%

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 8,641 347 388 266 37.8 15 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 9,548 713 752 508 72.0 15 Oct 30, 2024 J-GAAP
YoY +10.5% +105.5% +93.8% +91.0% +90.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 16,648 473 585 361 51.3 30 May 12, 2023 J-GAAP
Mar, 2024 15,955 219 321 212 30.1 30 May 15, 2024 J-GAAP
Mar, 2025 Guidance 16,696 751 807 527 74.7 30 May 15, 2024 J-GAAP
YoY +4.6% +242.9% +151.4% +148.6% +148.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 5,328 595 634 438 62.1 11.2 Feb 2, 2024 J-GAAP
Jan - Mar, 2024 3,313 -248 -246 -172 -24.4 -7.5 May 15, 2024 J-GAAP
Apr - Jun, 2024 3,374 -21 55 19 2.8 -0.6 Jul 30, 2024 J-GAAP
Jul - Sep, 2024 3,774 59 0 0 -0.1 1.6 Oct 30, 2024 J-GAAP
Oct - Dec, 2024 4,949 392 443 319 45.3 7.9 Feb 5, 2025 J-GAAP
YoY -7.1% -34.1% -30.1% -27.2% -27.0%

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