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

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%.

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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 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%

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