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Daiwa Heavy Industry, 83% Decrease in Ordinary Profit for the Last Fiscal Year, Current period performance is undisclosed.

Fri Feb 14, 2025 4:00 pm JST Earnings

5610 Daiwa Heavy Industry Co.,Ltd. 【J-GAAP】

Earnings Report

Daiwa Heavy Industry Co.,Ltd. <5610> [TSE Std] announced its financial results after the market closed on February 14th (16:00). The ordinary profit (non-consolidated) for the fiscal year ending December 2024 significantly dropped 83.5% from the previous period to 17 million yen, falling below the forecast of 20 million yen. Furthermore, the company did not disclose the performance outlook for the fiscal year ending December 2025.

At the same time, the company has left the annual dividend for the current term undetermined.

In the most recent three-month period, from October to December (4Q), the ordinary profit increased 41.7% from the same period last year, reaching 34 million yen. The operating profit/loss margin improved from -1.9% in the same period last year to -1.5%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 3,865 -61 63 70 53.8 0 Feb 13, 2023 J-GAAP
Dec, 2023 4,382 -29 103 66 50.3 0 Feb 13, 2024 J-GAAP
Dec, 2024 4,150 -133 17 26 20.1 0 Feb 14, 2025 J-GAAP
YoY -5.3% -358.6% -83.5% -60.6% -60.1%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 4,200 -130 20 1 0.8 0 Nov 11, 2024 J-GAAP
Dec, 2024 Results 4,150 -133 17 26 20.1 0 Feb 14, 2025 J-GAAP
Revision Rate -1.2% -2.3% -15.0% +2,500.0% +2,543.4%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 2,104 -56 20 -1 -1.5 0 Aug 9, 2024 J-GAAP
Jan - Jun, 2025 Guidance ー ー ー ー － － Feb 14, 2025 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 4,382 -29 103 66 50.3 0 Feb 13, 2024 J-GAAP
Dec, 2024 4,150 -133 17 26 20.1 0 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance ー ー ー ー － － Feb 14, 2025 J-GAAP
YoY － － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,247 -24 24 7 5.3 -1.9 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 977 -46 -25 -17 -13.3 -4.7 May 15, 2024 J-GAAP
Apr - Jun, 2024 1,127 -10 45 16 23.8 -0.9 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 951 -61 -37 -36 -27.6 -6.4 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 1,095 -16 34 63 48.7 -1.5 Feb 14, 2025 J-GAAP
YoY -12.2% +33.3% +41.7% +800.0% +811.6%

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