kabutan

DAIKOKU DENKI, Oct-Dec (3Q) Ordinary Profit Decreases by 28%

Thu Feb 13, 2025 3:30 pm JST Earnings

6430 DAIKOKU DENKI CO.,LTD. 【J-GAAP】

Earnings Report

DAIKOKU DENKI CO.,LTD. <6430> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) was 11.8 billion yen, a 1.1% increase compared to the same period last year. The progress rate toward the full-year plan of 12.5 billion yen was 94.9%, it was below the five-year average of 102.6%.

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 expand 73.3% from the same period last year, reaching 0.64 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.72 billion yen, a 28.2% decrease compared to the same period last year. The operating profit margin decreased from 25.6% in the same period last year to 20.2%.

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 23,286 3,949 4,144 2,832 191.6 97.3 Feb 9, 2023 J-GAAP
Apr - Dec, 2023 43,849 11,664 11,731 8,174 553.0 96.9 Feb 13, 2024 J-GAAP
Apr - Dec, 2024 47,975 11,819 11,857 8,116 551.3 94.9 Feb 13, 2025 J-GAAP
YoY +9.4% +1.3% +1.1% -0.7% -0.3%

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 24,693 4,102 4,164 2,962 200.4 100 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 20,496 3,298 3,365 2,290 160.5 80 Nov 14, 2024 J-GAAP
YoY -17.0% -19.6% -19.2% -22.7% -19.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 31,824 4,019 4,260 2,927 198.1 70 May 15, 2023 J-GAAP
Mar, 2024 53,861 12,001 12,102 8,464 572.6 120 May 15, 2024 J-GAAP
Mar, 2025 Guidance 55,000 12,400 12,500 8,500 595.7 120 May 15, 2024 J-GAAP
YoY +2.1% +3.3% +3.3% +0.4% +4.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 14,681 3,765 3,793 2,672 180.8 25.6 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 10,012 337 371 290 19.6 3.4 May 15, 2024 J-GAAP
Apr - Jun, 2024 18,619 5,591 5,605 3,883 262.7 30.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 15,885 3,511 3,530 2,327 157.4 22.1 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 13,471 2,717 2,722 1,906 129.5 20.2 Feb 13, 2025 J-GAAP
YoY -8.2% -27.8% -28.2% -28.7% -28.4%

Related Articles