kabutan

Harmonic Drive Systems, Last Fiscal Year Ordinary Profit Turns to Profit, Exceeds Expectations

Thu Apr 24, 2025 3:30 pm JST Revision

6324 Harmonic Drive Systems Inc. 【J-GAAP】

Guidance Update Report

Harmonic Drive Systems Inc. <6324> [TSE Std] announced a performance revision after the market closed on April 24th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward from an expected loss of 0.5 billion yen to a profit of 0.14 billion yen (compared to a profit of 0.57 billion yen in the previous period), turning to a profit. However, the full-year consolidated net income has decreased 4.2%, from the previous forecast of 3.6 billion yen to 3.45 billion yen (compared to a loss of 24.8 billion yen in the previous period).

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit is expected to increase 3.0 times, from the previous forecast of 0.32 billion yen to 0.96 billion yen (compared to a loss of 0.59 billion yen in the same period of the previous year).

Kabutan News

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 27,441 237 328 4,450 46.9 10 Jan 16, 2025 J-GAAP
Oct - Mar, 2024 New 28,941 677 968 4,300 45.3 10 Apr 24, 2025 J-GAAP
Revision Rate +5.5% +185.7% +195.1% -3.4% -3.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 54,000 -400 -500 3,600 37.9 20 Jan 16, 2025 J-GAAP
Mar, 2025 New 55,500 40 140 3,450 36.3 20 Apr 24, 2025 J-GAAP
Revision Rate +2.8% － － -4.2% -4.2%

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 27,031 -748 -593 -25,119 -264.3 10 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 28,941 677 968 4,300 45.3 10 Apr 24, 2025 J-GAAP
YoY +7.1% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 71,527 10,224 10,757 7,595 79.7 28 May 12, 2023 J-GAAP
Mar, 2024 55,796 124 570 -24,806 -261.0 20 May 13, 2024 J-GAAP
Mar, 2025 Guidance 55,500 40 140 3,450 36.3 20 Apr 24, 2025 J-GAAP
YoY -0.5% -67.7% -75.4% － －

Related Articles