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DAIHO, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 5.7 times, Oct-Dec Ordinary Profit Turns to Profit

Thu Feb 13, 2025 4:00 pm JST Earnings

1822 DAIHO CORPORATION 【J-GAAP】

Earnings Report

DAIHO CORPORATION <1822> [TSE Std] announced its financial results after the market closed on February 13th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) surged 5.7 times that of the same period last year, reaching 2.63 billion yen. However, the progress rate toward the full-year plan of 5.9 billion yen was 44.7%, also falling below the five-year average of 48.7%.

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 surge 4.1 times that of the same period last year, reaching 3.26 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 2.29 billion yen (compared to a loss of 1.26 billion yen in the same period last year). The operating profit/loss margin drastically improved from -1.9% in the same period last year to 5.0%.

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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 109,183 2,235 2,243 1,068 12.1 44.4 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 116,948 144 465 -1,020 -11.6 36.9 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 104,326 2,470 2,635 1,912 21.7 44.7 Feb 13, 2025 J-GAAP
YoY -10.8% +1,615.3% +466.7%

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 86,957 -445 -473 -2,080 -23.6 5.40 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 77,392 5,274 5,557 3,514 39.9 22.80 Nov 14, 2024 J-GAAP
YoY -11.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 156,050 5,064 5,054 2,914 33.1 46 May 12, 2023 J-GAAP
Mar, 2024 163,222 466 1,259 -2,072 -23.5 5.40 May 13, 2024 J-GAAP
Mar, 2025 Guidance 145,000 5,900 5,900 4,000 45.4 22.80 May 13, 2024 J-GAAP
YoY -11.2% +1,166.1% +368.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 40,683 -767 -1,267 -1,028 -11.7 -1.9 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 46,274 322 794 -1,052 -12.0 0.7 May 13, 2024 J-GAAP
Apr - Jun, 2024 32,126 -458 -136 -59 -0.7 -1.4 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 35,482 1,084 479 545 6.2 3.1 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 36,718 1,844 2,292 1,426 16.2 5.0 Feb 13, 2025 J-GAAP
YoY -9.7%

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