ASAKA INDUSTRIAL, Oct-Dec (3Q) Ordinary Profit Decreases by 68%

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Wed Feb 12, 2025 3:30 pm JST Earnings

5962 ASAKA INDUSTRIAL CO.,LTD. 【J-GAAP】

Earnings Report

ASAKA INDUSTRIAL CO.,LTD. <5962> [TSE Std] announced its financial results after the market closed on February 12th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 10.5% from the same period last year to 350 million yen. The progress rate toward the full-year plan of 330 million yen is 106.1%, but it was lower than the five-year average of 108.9%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary loss for the January to March period (4Q) is expected to nearly flat at loss of 20 million yen (compared to a loss of 21 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the ordinary profit significantly dropped to 40 million yen, a 68.3% decrease compared to the same period last year. The operating profit margin drastically worsened from 4.9% in the same period last year to 1.5%.

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	6,871	287	306	207	215.8	103.7	Feb 10, 2023	J-GAAP
Apr - Dec, 2023	6,847	338	391	313	326.5	105.7	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	6,627	315	350	240	250.4	106.1	Feb 12, 2025	J-GAAP
YoY	-3.2%	-6.8%	-10.5%	-23.3%	-23.3%

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	4,111	90	105	121	126.2	50	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	3,965	14	20	6	6.3	50	Nov 11, 2024	J-GAAP
YoY	-3.6%	-84.4%	-81.0%	-95.0%	-95.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	8,562	276	295	195	203.2	40	May 12, 2023	J-GAAP
Mar, 2024	8,582	311	370	302	315.0	50	May 13, 2024	J-GAAP
Mar, 2025 Guidance	8,600	300	330	220	229.0	50	Nov 11, 2024	J-GAAP
YoY	+0.2%	-3.5%	-10.8%	-27.2%	-27.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	2,376	117	126	132	137.7	4.9	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	1,735	-27	-21	-11	-11.5	-1.6	May 13, 2024	J-GAAP
Apr - Jun, 2024	2,450	183	221	153	159.8	7.5	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	2,185	103	89	61	63.7	4.7	Nov 11, 2024	J-GAAP
Oct - Dec, 2024	1,992	29	40	26	27.1	1.5	Feb 12, 2025	J-GAAP
YoY	-16.2%	-75.2%	-68.3%	-80.3%	-80.3%