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KATSURAGAWA ELECTRIC, The Current Fiscal Year's Undisclosed Net Income Turns to Loss

Fri Feb 14, 2025 3:00 pm JST Earnings

6416 KATSURAGAWA ELECTRIC CO.,LTD. 【J-GAAP】

Earnings Report

KATSURAGAWA ELECTRIC CO.,LTD. <6416> [TSE Std] announced its financial results in the afternoon session on February 14th (15:00). The consolidated net income/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a loss of 184 million yen (compared to a profit of 18 million yen in the same period last year).

In addition, the full-year forecast, which was not disclosed, indicated that consolidated net income/loss will turn into a deficit of loss of 270 million yen (compared to a profit of 184 million yen in the previous period).

Based on the cumulative third-quarter performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income/loss for the January to March period (4Q) is expected to turn into a loss of 86 million yen (compared to a profit of 166 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated net loss improved to a deficit of 15 million yen (compared to a loss of 93 million yen in the same period last year). However, the operating profit/loss margin drastically worsened from -0.1% in the same period last year to -8.8%.

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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 4,182 -537 -550 -430 -280.9 Feb 14, 2023 J-GAAP
Apr - Dec, 2023 4,398 -24 30 18 12.3 16.0 Feb 14, 2024 J-GAAP
Apr - Dec, 2024 4,774 -200 -147 -184 -120.2 Feb 14, 2025 J-GAAP
YoY +8.5% -733.3%

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 0 May 20, 2024 J-GAAP
Oct - Mar, 2024 New 3,093 -227 -91 -101 -65.9 0 Feb 14, 2025 J-GAAP
Revision Rate

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 0 May 20, 2024 J-GAAP
Mar, 2025 New 6,200 -280 -220 -270 -176.2 0 Feb 14, 2025 J-GAAP
Revision Rate

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 3,458 35 67 73 47.8 0 May 20, 2024 J-GAAP
Oct - Mar, 2024 Guidance 3,093 -227 -91 -101 -65.9 0 Feb 14, 2025 J-GAAP
YoY -10.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 5,474 -751 -756 -659 -430.5 0 May 19, 2023 J-GAAP
Mar, 2024 6,258 13 188 184 120.4 0 May 20, 2024 J-GAAP
Mar, 2025 Guidance 6,200 -280 -220 -270 -176.2 0 Feb 14, 2025 J-GAAP
YoY -0.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,598 -2 -91 -93 -63.4 -0.1 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,860 37 158 166 108.6 2.0 May 20, 2024 J-GAAP
Apr - Jun, 2024 1,634 21 112 72 47.6 1.3 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 1,473 -74 -241 -241 -158.2 -5.0 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 1,667 -147 -18 -15 -9.8 -8.8 Feb 14, 2025 J-GAAP
YoY +4.3% -7,250.0% +80.2% +83.9% +84.5%

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