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Hanshin Diesel Works, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 3.6 times, Oct-Dec Ordinary Profit Increases by 7.5 times
6018 The Hanshin Diesel Works,Ltd. 【J-GAAP】
Earnings ReportThe Hanshin Diesel Works,Ltd. <6018> [TSE Std] announced its financial results after the market closed on February 2nd (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 3.6 times that of the same period last year, reaching 594 million yen. Progress toward the full-year plan of 750 million yen was 79.2%, also surpassing the five-year average of 63.9%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to significant drop 69.7% from the same period last year to 156 million yen.
In the most recent three-month period, from October to December (3Q), the ordinary profit surged 7.5 times that of the same period last year, reaching 232 million yen. The operating profit margin drastically improved from 0.5% in the same period last year to 6.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 6,950 | 439 | 500 | 341 | 105.8 | 77.8 | Feb 5, 2024 | J-GAAP |
| Apr - Dec, 2024 | 8,372 | 118 | 167 | 127 | 39.5 | 24.5 | Feb 3, 2025 | J-GAAP |
| Apr - Dec, 2025 | 9,953 | 507 | 594 | 411 | 126.9 | 79.2 | Feb 2, 2026 | J-GAAP |
| YoY | +18.9% | +329.7% | +255.7% | +223.6% | +221.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 7,767 | 506 | 546 | 426 | 131.7 | 70 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 7,191 | 391 | 388 | 275 | 84.9 | 40 | Nov 10, 2025 | J-GAAP |
| YoY | -7.4% | -22.7% | -28.9% | -35.4% | -35.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 9,636 | 551 | 643 | 456 | 141.1 | 60 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 13,337 | 611 | 682 | 536 | 165.7 | 70 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 13,900 | 700 | 750 | 530 | 163.5 | 75 | May 12, 2025 | J-GAAP |
| YoY | +4.2% | +14.6% | +10.0% | -1.1% | -1.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,802 | 13 | 31 | 17 | 5.3 | 0.5 | Feb 3, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,965 | 493 | 515 | 409 | 126.4 | 9.9 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,792 | 104 | 119 | 89 | 27.6 | 2.7 | Aug 4, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,917 | 205 | 243 | 166 | 51.3 | 7.0 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 3,244 | 198 | 232 | 156 | 48.2 | 6.1 | Feb 2, 2026 | J-GAAP |
| YoY | +15.8% | +1,423.1% | +648.4% | +817.6% | +810.2% |
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