kabutan

AKIKAWA FOODS&FARMS, Apr-Dec (Cumulative 3Q) Ordinary Profit Turns to Loss, Oct-Dec Ordinary Profit Decreases by 35%

Fri Feb 14, 2025 3:30 pm JST Earnings

1380 AKIKAWA FOODS & FARMS CO., LTD. 【J-GAAP】

Earnings Report

AKIKAWA FOODS & FARMS CO., LTD. <1380> [TSE Std] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a loss of 13 million yen (compared to a profit of 196 million yen in the same period last year).

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/loss for the January to March period (4Q) is expected to turn into a profit of 48 million yen (compared to a loss of 43 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 45 million yen, a 34.8% decrease compared to the same period last year. However, the operating profit margin improved from 1.2% in the same period last year to 1.8%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 5,296 16 136 81 19.6 56.2 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 5,586 71 196 130 31.3 128.1 Feb 14, 2024 J-GAAP
Apr - Dec, 2024 5,961 -60 -13 -26 -6.5 ー Feb 14, 2025 J-GAAP
YoY +6.7% － － － －

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 3,760 -36 26 12 2.9 10 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 4,034 88 93 51 12.2 10 Nov 14, 2024 J-GAAP
YoY +7.3% － +257.7% +325.0% +323.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 7,070 19 242 156 37.4 10 May 11, 2023 J-GAAP
Mar, 2024 7,392 11 153 98 23.6 10 May 15, 2024 J-GAAP
Mar, 2025 Guidance 7,810 -11 35 3 0.7 10 Nov 14, 2024 J-GAAP
YoY +5.7% － -77.1% -96.9% -96.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,954 24 69 44 10.6 1.2 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,806 -60 -43 -32 -7.7 -3.3 May 15, 2024 J-GAAP
Apr - Jun, 2024 1,869 -69 -45 -36 -8.7 -3.7 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,907 -30 -13 -12 -2.9 -1.6 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 2,185 39 45 22 5.5 1.8 Feb 14, 2025 J-GAAP
YoY +11.8% +62.5% -34.8% -50.0% -48.4%

Related Articles