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OKAMOTO MACHINE TOOL WORKS, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 67%

Fri Feb 7, 2025 3:30 pm JST Earnings

6125 OKAMOTO MACHINE TOOL WORKS, LTD. 【J-GAAP】

Earnings Report

OKAMOTO MACHINE TOOL WORKS, LTD. <6125> [TSE Std] announced its financial results after the market closed on February 7th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 66.7% from the same period last year to 1.21 billion yen. The progress rate toward the full-year plan of 3.6 billion yen was 33.8%, also falling below the five-year average of 58.9%.

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 decrease 9.4% from the same period last year to 2.38 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 0.69 billion yen, a 2.4% decrease compared to the same period last year. The operating profit margin worsened from 7.2% in the same period last year to 5.9%.

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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 33,228 4,124 4,055 2,783 604.0 73.0 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 35,061 3,651 3,651 2,565 546.0 58.1 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 30,094 1,489 1,215 721 118.8 33.8 Feb 7, 2025 J-GAAP
YoY -14.2% -59.2% -66.7% -71.9% -78.2%

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 25,525 3,225 3,340 2,696 574.0 100 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 24,959 2,709 3,075 2,188 331.0 80 Nov 12, 2024 J-GAAP
YoY -2.2% -16.0% -7.9% -18.8% -42.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 45,524 5,598 5,552 4,029 870.5 180 May 12, 2023 J-GAAP
Mar, 2024 50,198 6,133 6,284 4,556 970.0 200 May 14, 2024 J-GAAP
Mar, 2025 Guidance 45,000 3,600 3,600 2,500 378.1 160 May 14, 2024 J-GAAP
YoY -10.4% -41.3% -42.7% -45.1% -61.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 10,388 743 707 705 150.1 7.2 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 15,137 2,482 2,633 1,991 423.9 16.4 May 14, 2024 J-GAAP
Apr - Jun, 2024 7,716 -351 -443 -392 -75.5 -4.5 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 12,325 1,242 968 704 120.9 10.1 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 10,053 598 690 409 67.4 5.9 Feb 7, 2025 J-GAAP
YoY -3.2% -19.5% -2.4% -42.0% -55.1%

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