TOKYO ENERGY & SYSTEMS, Apr-Dec (Cumulative 3Q) Operating Profit Turns to Loss, Oct-Dec Operating Profit Decreases by 88%

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 4:00 pm JST Earnings

1945 TOKYO ENERGY & SYSTEMS INC. 【J-GAAP】

Earnings Report

TOKYO ENERGY & SYSTEMS INC. <1945> [TSE Prime] announced its financial results after the market closed on February 14th (16:00). The consolidated operating profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a loss of 0.01 billion yen (compared to a profit of 2.91 billion yen in the same period last year).

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated operating profit for the January to March period (4Q) is expected to decrease 3.3% from the same period last year to 1.01 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated operating profit significantly dropped to 0.23 billion yen, a 87.6% decrease compared to the same period last year. The operating profit margin drastically worsened from 8.6% in the same period last year to 1.5%.

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	57,188	1,596	1,124	999	29.2	40.6	Jan 31, 2023	J-GAAP
Apr - Dec, 2023	63,648	2,912	3,735	2,111	61.6	71.7	Feb 2, 2024	J-GAAP
Apr - Dec, 2024	46,462	-12	611	1,091	32.6	40.7	Feb 14, 2025	J-GAAP
YoY	-27.0%	－	-83.6%	-48.3%	-47.1%

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	47,123	2,957	3,484	2,142	62.7	25	May 8, 2024	J-GAAP
Oct - Mar, 2024 Guidance	37,459	1,249	1,257	870	26.1	26	Nov 5, 2024	J-GAAP
YoY	-20.5%	-57.8%	-63.9%	-59.4%	-58.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	79,055	3,458	2,770	2,120	61.9	40	Apr 28, 2023	J-GAAP
Mar, 2024	88,467	3,959	5,212	2,960	86.7	45	May 8, 2024	J-GAAP
Mar, 2025 Guidance	68,000	1,000	1,500	1,500	45.0	52	Nov 5, 2024	J-GAAP
YoY	-23.1%	-74.7%	-71.2%	-49.3%	-48.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	22,304	1,910	2,007	1,293	37.8	8.6	Feb 2, 2024	J-GAAP
Jan - Mar, 2024	24,819	1,047	1,477	849	24.9	4.2	May 8, 2024	J-GAAP
Apr - Jun, 2024	14,895	-367	262	712	21.3	-2.5	Aug 6, 2024	J-GAAP
Jul - Sep, 2024	15,646	118	-19	-82	-2.5	0.8	Nov 5, 2024	J-GAAP
Oct - Dec, 2024	15,921	237	368	461	13.8	1.5	Feb 14, 2025	J-GAAP
YoY	-28.6%	-87.6%	-81.7%	-64.3%	-63.5%