DAISHINKU, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 45%, Exceeds Full-Year Plan

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Wed Feb 5, 2025 3:40 pm JST Earnings

6962 DAISHINKU CORP. 【J-GAAP】

Earnings Report

DAISHINKU CORP. <6962> [TSE Prime] announced its financial results after the market closed on February 5th (15:40). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 45.5% from the same period last year to 1.01 billion yen. The progress rate toward the full-year plan of 1 billion yen is 101.4%, already exceeding the target and also exceeding the five-year average of 65.7%.

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 loss of 0.01 billion yen (compared to a profit of 1.33 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 1.09 billion yen (compared to a loss of 0.11 billion yen in the same period last year). However, the operating profit margin worsened from 5.7% in the same period last year to 3.3%.

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	29,605	3,595	4,413	2,810	87.1	86.4	Feb 10, 2023	J-GAAP
Apr - Dec, 2023	29,685	1,486	1,860	1,157	35.9	58.3	Feb 5, 2024	J-GAAP
Apr - Dec, 2024	29,549	1,252	1,014	358	11.1	101.4	Feb 5, 2025	J-GAAP
YoY	-0.5%	-15.7%	-45.5%	-69.1%	-69.0%

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	20,011	1,234	1,215	485	15.0	14	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	20,562	584	1,078	687	21.6	14	Nov 5, 2024	J-GAAP
YoY	+2.8%	-52.7%	-11.3%	+41.6%	+43.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	38,430	4,210	5,106	3,208	99.4	28	May 12, 2023	J-GAAP
Mar, 2024	39,343	2,135	3,192	1,876	58.1	28	May 13, 2024	J-GAAP
Mar, 2025 Guidance	40,000	1,500	1,000	500	15.7	28	May 13, 2024	J-GAAP
YoY	+1.7%	-29.7%	-68.7%	-73.3%	-72.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	10,353	585	-117	-234	-7.3	5.7	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	9,658	649	1,332	719	22.3	6.7	May 13, 2024	J-GAAP
Apr - Jun, 2024	9,827	584	1,004	662	20.5	5.9	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	9,611	332	-1,082	-849	-26.3	3.5	Nov 5, 2024	J-GAAP
Oct - Dec, 2024	10,111	336	1,092	545	16.9	3.3	Feb 5, 2025	J-GAAP
YoY	-2.3%	-42.6%	－	－	－