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IWATANI, Oct-Dec (3Q) Ordinary Profit Decreases by 9%

Thu Feb 13, 2025 4:00 pm JST Earnings

8088 IWATANI CORPORATION 【J-GAAP】

Earnings Report

IWATANI CORPORATION <8088> [TSE Prime] 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) increased 6.7% from the same period last year, reaching 39.2 billion yen. However, the progress rate toward the full-year plan of 72.8 billion yen was 53.9%, also falling below the five-year average of 58.8%.

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 grow 14.1% from the same period last year, reaching 33.5 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 16.9 billion yen, a 8.9% decrease compared to the same period last year. The operating profit margin worsened from 7.8% in the same period last year to 4.9%.

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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 655,788 23,517 29,365 19,539 84.9 62.5 Feb 8, 2023 J-GAAP
Apr - Dec, 2023 617,513 31,906 36,770 24,169 105.0 59.0 Feb 7, 2024 J-GAAP
Apr - Dec, 2024 624,374 27,119 39,219 28,379 123.3 53.9 Feb 13, 2025 J-GAAP
YoY +1.1% -15.0% +6.7% +17.4% +17.4%

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 453,677 36,044 44,120 31,406 136.5 32.50 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 501,996 36,560 50,517 38,915 169.1 32.50 Nov 12, 2024 J-GAAP
YoY +10.7% +1.4% +14.5% +23.9% +23.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 906,261 40,035 47,011 32,022 139.2 23.75 May 15, 2023 J-GAAP
Mar, 2024 847,888 50,635 62,307 43,468 188.9 32.50 May 13, 2024 J-GAAP
Mar, 2025 Guidance 902,000 52,700 72,800 54,000 234.6 32.50 Jun 19, 2024 J-GAAP
YoY +6.4% +4.1% +16.8% +24.2% +24.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 223,302 17,315 18,583 12,107 52.6 7.8 Feb 7, 2024 J-GAAP
Jan - Mar, 2024 230,375 18,729 25,537 19,299 83.9 8.1 May 13, 2024 J-GAAP
Apr - Jun, 2024 197,519 8,419 15,038 11,601 50.4 4.3 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 202,485 7,721 7,245 3,484 15.1 3.8 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 224,370 10,979 16,936 13,294 57.8 4.9 Feb 13, 2025 J-GAAP
YoY +0.5% -36.6% -8.9% +9.8% +9.8%

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