AUTOWAVE, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 9%

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.

Fri Feb 14, 2025 2:00 pm JST Earnings

2666 AUTOWAVE Co.,Ltd. 【J-GAAP】

Earnings Report

AUTOWAVE Co.,Ltd. <2666> [TSE Std] announced its financial results in the afternoon session on February 14th (14:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 9.2% from the same period last year to 307 million yen. The progress rate toward the full-year plan of 443 million yen was 69.3%, also falling below the five-year average of 86.1%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to expand 54.5% from the same period last year, reaching 136 million yen.

In the most recent three-month period, from October to December (3Q), the ordinary profit grew 9.1% from the same period last year, reaching 191 million yen. The operating profit margin remained almost flat, changing from 6.2% in the same period last year to 6.2%.

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	5,926	253	341	216	15.0	83.4	Feb 10, 2023	J-GAAP
Apr - Dec, 2023	6,320	251	338	209	14.5	79.3	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	6,495	209	307	185	12.9	69.3	Feb 14, 2025	J-GAAP
YoY	+2.8%	-16.7%	-9.2%	-11.5%	-11.2%

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	4,370	222	263	164	11.4	3	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	4,448	264	327	206	14.3	3	Nov 8, 2024	J-GAAP
YoY	+1.8%	+18.9%	+24.3%	+25.6%	+25.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	7,994	296	409	259	18.0	2	May 12, 2023	J-GAAP
Mar, 2024	8,422	333	426	263	18.2	3	May 10, 2024	J-GAAP
Mar, 2025 Guidance	8,514	322	443	273	18.9	3	May 10, 2024	J-GAAP
YoY	+1.1%	-3.3%	+4.0%	+3.8%	+3.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	2,268	140	175	110	7.6	6.2	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	2,102	82	88	54	3.7	3.9	May 10, 2024	J-GAAP
Apr - Jun, 2024	1,990	17	45	24	1.7	0.9	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	2,076	41	71	43	3.0	2.0	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	2,429	151	191	118	8.2	6.2	Feb 14, 2025	J-GAAP
YoY	+7.1%	+7.9%	+9.1%	+7.3%	+7.5%