Canare Electric, Jan-Mar (1Q) Ordinary Profit Increases by 21%

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 Apr 25, 2025 4:00 pm JST Earnings

5819 Canare Electric Co., Ltd. 【J-GAAP】

Earnings Report

Canare Electric Co., Ltd. <5819> [TSE Std] announced its financial results after the market closed on April 25th (16:00). The consolidated ordinary profit for the first quarter of the fiscal year ending December 2025 (January to March) increased 20.9% from the same period last year, reaching 514 million yen. The progress rate toward the plan for the six months ending June (1H) of 620 million yen was 82.9%, also surpassing the five-year average of 60.5%.

In the most recent three-month period, from January to March (1Q), the operating profit margin rose from 12.4% in the same period last year to 15.2%.

Kabutan News

Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Mar, 2023	3,105	478	484	359	53.3	67.3	Apr 27, 2023	J-GAAP
Jan - Mar, 2024	3,172	394	425	342	50.4	59.1	Apr 26, 2024	J-GAAP
Jan - Mar, 2025	3,339	508	514	387	56.8	82.9	Apr 25, 2025	J-GAAP
YoY	+5.3%	+28.9%	+20.9%	+13.2%	+12.6%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan - Jun, 2024	6,028	642	719	502	73.9	28	Jul 30, 2024	J-GAAP
Jan - Jun, 2025 Guidance	6,210	590	620	440	64.3	28	Jan 30, 2025	J-GAAP
YoY	+3.0%	-8.1%	-13.8%	-12.4%	-12.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	12,872	1,668	1,739	1,188	175.3	62	Jan 26, 2024	J-GAAP
Dec, 2024	12,383	1,389	1,447	1,039	152.6	57	Jan 30, 2025	J-GAAP
Dec, 2025 Guidance	12,920	1,430	1,480	1,050	153.5	57	Jan 30, 2025	J-GAAP
YoY	+4.3%	+3.0%	+2.3%	+1.1%	+0.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jan - Mar, 2024	3,172	394	425	342	50.4	12.4	Apr 26, 2024	J-GAAP
Apr - Jun, 2024	2,856	248	294	160	23.5	8.7	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	2,928	392	354	314	46.1	13.4	Oct 30, 2024	J-GAAP
Oct - Dec, 2024	3,427	355	374	223	32.8	10.4	Jan 30, 2025	J-GAAP
Jan - Mar, 2025	3,339	508	514	387	56.8	15.2	Apr 25, 2025	J-GAAP
YoY	+5.3%	+28.9%	+20.9%	+13.2%	+12.6%