kabutan

HAVIX, The Current Fiscal Year Ordinary Profit Revised Upward by 48%

Mon Feb 10, 2025 3:40 pm JST Earnings

3895 HAVIX CORPORATION 【J-GAAP】

Earnings Report

HAVIX CORPORATION <3895> [TSE Std] announced its financial results after the market closed on February 10th (15:40). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) was 668 million yen, a 2.1% increase compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward 48.0%, from the previous forecast of 500 million yen to 740 million yen (compared to 882 million yen in the previous period), and the declining rate is expected to decrease from 43.3% to 16.1%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) has been revised upward 2.8 times, from the previous forecast of 136 million yen to 376 million yen (compared to 524 million yen in the same period of the previous year), and the declining rate is expected to decrease from 74.0% to 28.2%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 304 million yen, an increase of 2.7% compared to the same period last year. However, the operating profit margin worsened from 8.6% in the same period last year to 6.1%.

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 8,848 -93 -41 33 4.4 ー Feb 10, 2023 J-GAAP
Apr - Dec, 2023 10,056 563 654 497 64.0 74.1 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 10,193 555 668 499 64.1 90.3 Feb 10, 2025 J-GAAP
YoY +1.4% -1.4% +2.1% +0.4% +0.0%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 6,839 211 136 47 6.0 16 Nov 8, 2024 J-GAAP
Oct - Mar, 2024 New 6,839 331 376 217 27.8 16 Feb 10, 2025 J-GAAP
Revision Rate 0.0% +56.9% +176.5% +361.7% +361.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 13,500 550 500 350 44.8 16 May 13, 2024 J-GAAP
Mar, 2025 New 13,500 670 740 520 66.6 16 Feb 10, 2025 J-GAAP
Revision Rate 0.0% +21.8% +48.0% +48.6% +48.6%

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 6,667 495 524 398 51.3 16 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 6,839 331 376 217 27.8 16 Feb 10, 2025 J-GAAP
YoY +2.6% -33.1% -28.2% -45.5% -45.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 12,084 -92 -25 52 6.7 12 May 12, 2023 J-GAAP
Mar, 2024 13,204 755 882 674 86.9 16 May 13, 2024 J-GAAP
Mar, 2025 Guidance 13,500 670 740 520 66.6 16 Feb 10, 2025 J-GAAP
YoY +2.2% -11.3% -16.1% -22.8% -23.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 3,519 303 296 221 28.5 8.6 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 3,148 192 228 177 22.8 6.1 May 13, 2024 J-GAAP
Apr - Jun, 2024 3,322 184 215 189 24.3 5.5 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 3,339 155 149 114 14.7 4.6 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 3,532 216 304 196 25.2 6.1 Feb 10, 2025 J-GAAP
YoY +0.4% -28.7% +2.7% -11.3% -11.6%

Related Articles