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DAI-ICHI CUTTER, Jul-Mar (Cumulative 3Q) Ordinary Profit Decreases by 28%, Jan-Mar Ordinary Profit Decreases by 57%
1716 DAI-ICHI CUTTER KOGYO K.K. 【J-GAAP】
Earnings ReportDAI-ICHI CUTTER KOGYO K.K. <1716> [TSE Std] announced its financial results after the market closed on May 15th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) decreased 27.8% from the same period last year to 1.48 billion yen. The progress rate toward the full-year plan of 2.59 billion yen was 57.3%, also falling below the five-year average of 81.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the April to June period (4Q) is expected to expand 42.9% from the same period last year, reaching 1.1 billion yen.
In the most recent three-month period, from January to March (3Q), the consolidated ordinary profit significantly dropped to 0.21 billion yen, a 56.7% decrease compared to the same period last year. The operating profit margin sharply declined from 10.6% in the same period last year to 4.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Mar, 2022 | 16,679 | 2,227 | 2,381 | 1,448 | 128.0 | 83.1 | May 15, 2023 | J-GAAP |
| Jul - Mar, 2023 | 15,542 | 1,879 | 2,055 | 1,330 | 117.5 | 72.6 | May 15, 2024 | J-GAAP |
| Jul - Mar, 2024 | 15,197 | 1,379 | 1,484 | 1,023 | 90.7 | 57.3 | May 15, 2025 | J-GAAP |
| YoY | -2.2% | -26.6% | -27.8% | -23.1% | -22.8% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2024 | 9,915 | 1,057 | 1,264 | 1,138 | 100.6 | 38 | Aug 14, 2024 | J-GAAP |
| Jan - Jun, 2025 Guidance | 10,226 | 1,298 | 1,318 | 919 | 81.6 | 40 | Feb 14, 2025 | J-GAAP |
| YoY | +3.1% | +22.8% | +4.3% | -19.2% | -18.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2023 | 22,164 | 2,631 | 2,865 | 1,946 | 172.0 | 35 | Aug 14, 2023 | J-GAAP |
| Jun, 2024 | 20,918 | 2,455 | 2,829 | 1,973 | 174.4 | 38 | Aug 14, 2024 | J-GAAP |
| Jun, 2025 Guidance | 21,000 | 2,500 | 2,590 | 1,750 | 155.3 | 40 | Aug 14, 2024 | J-GAAP |
| YoY | +0.4% | +1.8% | -8.4% | -11.3% | -10.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 4,539 | 481 | 490 | 495 | 43.7 | 10.6 | May 15, 2024 | J-GAAP |
| Apr - Jun, 2024 | 5,376 | 576 | 774 | 643 | 56.8 | 10.7 | Aug 14, 2024 | J-GAAP |
| Jul - Sep, 2024 | 5,463 | 649 | 667 | 411 | 36.4 | 11.9 | Nov 14, 2024 | J-GAAP |
| Oct - Dec, 2024 | 5,311 | 553 | 605 | 420 | 37.2 | 10.4 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,423 | 177 | 212 | 192 | 17.0 | 4.0 | May 15, 2025 | J-GAAP |
| YoY | -2.6% | -63.2% | -56.7% | -61.2% | -61.1% |
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