DIAMOND ELECTRIC, The Current Fiscal Year Ordinary Profit Revised Upward by 3.3 times

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 3:00 pm JST Earnings

6699 DIAMOND ELECTRIC HOLDINGS Co.,Ltd. 【J-GAAP】

Earnings Report

DIAMOND ELECTRIC HOLDINGS Co.,Ltd. <6699> [TSE Prime] announced its financial results in the afternoon session on February 14th (15:00). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 1.12 billion yen (compared to a loss of 0.14 billion yen in the same period last year).

In addition, the full-year consolidated ordinary profit has been revised upward 3.3 times, from the previous forecast of 0.15 billion yen to 0.5 billion yen (compared to 1.31 billion yen in the previous period), and the declining rate is expected to decrease from 88.6% to 61.9%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) is expected to increase 41.0%, from the previous forecast of 0.85 billion yen to 1.2 billion yen (compared to 0.81 billion yen in the same period of the previous year), increasing the growth rate from 4.3% to 47.0%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 1.83 billion yen (compared to a loss of 0.63 billion yen in the same period last year). The operating profit/loss margin significantly improved from -0.2% in the same period last year to 4.7%.

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	66,201	-2,011	-1,994	-2,049	-273.2	ー	Feb 14, 2023	J-GAAP
Apr - Dec, 2023	68,657	-417	-140	-1,855	-221.7	ー	Feb 14, 2024	J-GAAP
Apr - Dec, 2024	67,208	1,081	1,128	3	0.5	225.6	Feb 14, 2025	J-GAAP
YoY	-2.1%	－	－	－	－

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	43,405	994	854	535	63.9	25	Nov 14, 2024	J-GAAP
Oct - Mar, 2024 New	47,205	1,294	1,204	585	69.8	25	Feb 14, 2025	J-GAAP
Revision Rate	+8.8%	+30.2%	+41.0%	+9.3%	+9.3%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	87,500	1,000	150	-500	-59.7	25	Nov 14, 2024	J-GAAP
Mar, 2025 New	91,300	1,300	500	-450	-53.7	25	Feb 14, 2025	J-GAAP
Revision Rate	+4.3%	+30.0%	+233.3%	+10.0%	+10.0%

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	48,356	592	819	-1,709	-204.1	12.50	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	47,205	1,294	1,204	585	69.8	25	Feb 14, 2025	J-GAAP
YoY	-2.4%	+118.6%	+47.0%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	91,106	-1,187	-817	-1,075	-139.5	25	May 12, 2023	J-GAAP
Mar, 2024	93,334	230	1,313	-1,897	-226.6	12.50	May 15, 2024	J-GAAP
Mar, 2025 Guidance	91,300	1,300	500	-450	-53.7	25	Feb 14, 2025	J-GAAP
YoY	-2.2%	+465.2%	-61.9%	+76.3%	+76.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	23,679	-55	-634	-1,667	-199.2	-0.2	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	24,677	647	1,453	-42	-5.0	2.6	May 15, 2024	J-GAAP
Apr - Jun, 2024	21,318	6	629	-118	-14.2	0.0	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	22,777	0	-1,333	-917	-109.5	0.0	Nov 14, 2024	J-GAAP
Oct - Dec, 2024	23,113	1,075	1,832	1,038	166.1	4.7	Feb 14, 2025	J-GAAP
YoY	-2.4%	－	－	－	－