DAIKO DENSHI TSUSHIN, Oct-Dec (3Q) Ordinary Profit Increases by 26%

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Mon Feb 10, 2025 3:30 pm JST Earnings

8023 DAIKO XTECH, Ltd. 【J-GAAP】

Earnings Report

DAIKO DENSHI TSUSHIN,LTD. <8023> [TSE Std] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 28.4% from the same period last year to 1.18 billion yen. The progress rate toward the full-year plan of 2.25 billion yen was 52.8%, which was higher than the five-year average of 39.5%.

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 19.1% from the same period last year to 1.06 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 26.2% from the same period last year, reaching 0.29 billion yen. The operating profit margin improved from 2.1% in the same period last year to 2.7%.

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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	24,655	352	398	-97	-7.3	20.7	Feb 8, 2023	J-GAAP
Apr - Dec, 2023	29,956	1,593	1,660	981	74.4	55.8	Feb 8, 2024	J-GAAP
Apr - Dec, 2024	30,479	1,111	1,188	735	56.5	52.8	Feb 10, 2025	J-GAAP
YoY	+1.7%	-30.3%	-28.4%	-25.1%	-24.0%

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	22,810	1,502	1,546	956	72.7	29	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	20,173	1,351	1,356	881	69.1	30	Nov 11, 2024	J-GAAP
YoY	-11.6%	-10.1%	-12.3%	-7.8%	-5.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	37,615	1,872	1,923	996	75.0	21	May 15, 2023	J-GAAP
Mar, 2024	43,378	2,896	2,973	1,838	139.9	29	May 15, 2024	J-GAAP
Mar, 2025 Guidance	41,000	2,200	2,250	1,450	113.8	30	May 15, 2024	J-GAAP
YoY	-5.5%	-24.0%	-24.3%	-21.1%	-18.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	9,388	199	233	99	7.5	2.1	Feb 8, 2024	J-GAAP
Jan - Mar, 2024	13,422	1,303	1,313	857	65.2	9.7	May 15, 2024	J-GAAP
Apr - Jun, 2024	9,749	288	326	200	15.4	3.0	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	11,078	561	568	369	28.4	5.1	Nov 11, 2024	J-GAAP
Oct - Dec, 2024	9,652	262	294	166	12.8	2.7	Feb 10, 2025	J-GAAP
YoY	+2.8%	+31.7%	+26.2%	+67.7%	+70.0%