HASEKO, The Current Fiscal Year Net Income Revised Downward by 43%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Feb 13, 2025 3:30 pm JST Earnings

1808 HASEKO Corporation 【J-GAAP】

Earnings Report

HASEKO Corporation <1808> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 53.6% from the same period last year to 18.3 billion yen.

In addition, the full-year consolidated net income has decreased 43.4%, from the previous forecast of 53 billion yen to 30 billion yen (compared to 56 billion yen in the previous period), leading to an increase in the profit decline rate from 5.4% to 46.5%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income for the October to March period (2H) has decreased 68.4%, from the previous forecast of 33.6 billion yen to 10.6 billion yen (compared to 27.3 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 61.1% decrease in profit.

In the most recent three-month period, from October to December (3Q), the consolidated net income/loss turned to a loss of 1 billion yen (compared to a profit of 10.8 billion yen in the same period last year). However, the operating profit margin improved from 7.4% in the same period last year to 7.9%.

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	706,522	56,586	55,050	36,945	134.4	62.4	Feb 9, 2023	J-GAAP
Apr - Dec, 2023	768,852	61,439	60,482	39,593	145.2	72.6	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	836,740	57,446	58,393	18,367	67.3	73.0	Feb 13, 2025	J-GAAP
YoY	+8.8%	-6.5%	-3.5%	-53.6%	-53.7%

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	621,246	46,571	43,727	33,627	123.2	45	Nov 12, 2024	J-GAAP
Oct - Mar, 2024 New	621,246	46,571	43,727	10,627	38.9	45	Feb 13, 2025	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	-68.4%	-68.4%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	1,180,000	82,000	80,000	53,000	194.1	85	May 10, 2024	J-GAAP
Mar, 2025 New	1,180,000	82,000	80,000	30,000	109.9	85	Feb 13, 2025	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	-43.4%	-43.4%

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	571,415	42,471	40,074	27,335	100.2	45	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	621,246	46,571	43,727	10,627	38.9	45	Feb 13, 2025	J-GAAP
YoY	+8.7%	+9.7%	+9.1%	-61.1%	-61.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	1,027,277	90,162	88,265	59,326	216.1	80	May 11, 2023	J-GAAP
Mar, 2024	1,094,421	85,747	83,334	56,038	205.5	85	May 10, 2024	J-GAAP
Mar, 2025 Guidance	1,180,000	82,000	80,000	30,000	109.9	85	Feb 13, 2025	J-GAAP
YoY	+7.8%	-4.4%	-4.0%	-46.5%	-46.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	245,846	18,163	17,222	10,890	39.9	7.4	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	325,569	24,308	22,852	16,445	60.3	7.5	May 10, 2024	J-GAAP
Apr - Jun, 2024	284,774	13,262	15,493	10,843	39.7	4.7	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	273,980	22,167	20,780	8,530	31.3	8.1	Nov 12, 2024	J-GAAP
Oct - Dec, 2024	277,986	22,017	22,120	-1,006	-3.7	7.9	Feb 13, 2025	J-GAAP
YoY	+13.1%	+21.2%	+28.4%	－	－