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Hiramatsu, Last Fiscal Year's Ordinary Profit Unexpectedly Declines, 40% Decrease in Ordinary Profit for The Current Fiscal Year

Thu May 15, 2025 4:00 pm JST Earnings

2764 Hiramatsu Inc. 【J-GAAP】

Earnings Report

Hiramatsu Inc. <2764> [TSE Std] announced its financial results after the market closed on May 15th (16:00). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 1.1% from the previous period to 173 million yen, falling below the forecast of 217 million yen, a complete reversal from the forecasted increase in profit. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to drop by 40.5% from the previous period to 103 million yen.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary loss improved to a deficit of 60 million yen (compared to a loss of 157 million yen in the same period last year). The operating profit/loss margin improved from -3.8% in the same period last year to -2.7%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 12,376 -617 -612 -904 -12.8 0 May 12, 2023 J-GAAP
Mar, 2024 13,859 266 175 -153 -2.2 0 May 14, 2024 J-GAAP
Mar, 2025 10,662 249 173 1,530 21.7 0 May 15, 2025 J-GAAP
YoY -23.1% -6.4% -1.1%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 10,441 280 217 1,609 22.8 0 Jun 21, 2024 J-GAAP
Mar, 2025 Results 10,662 249 173 1,530 21.7 0 May 15, 2025 J-GAAP
Revision Rate +2.1% -11.1% -20.3% -4.9% -4.9%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 5,555 -50 -129 1,676 23.8 0 Nov 14, 2024 J-GAAP
Apr - Sep, 2025 Guidance 4,428 -126 -136 -152 -2.2 0 May 15, 2025 J-GAAP
YoY -20.3% -152.0% -5.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 13,859 266 175 -153 -2.2 0 May 14, 2024 J-GAAP
Mar, 2025 10,662 249 173 1,530 21.7 0 May 15, 2025 J-GAAP
Mar, 2026 Guidance 9,353 122 103 70 1.0 0 May 15, 2025 J-GAAP
YoY -12.3% -51.0% -40.5% -95.4% -95.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 3,218 -123 -157 -447 -6.3 -3.8 May 14, 2024 J-GAAP
Apr - Jun, 2024 3,331 -46 -62 -69 -1.0 -1.4 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 2,224 -4 -67 1,745 24.7 -0.2 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 2,867 359 362 355 5.0 12.5 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 2,240 -60 -60 -501 -7.1 -2.7 May 15, 2025 J-GAAP
YoY -30.4% +51.2% +61.8% -12.1% -12.0%

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