kabutan

Ekitan &, Oct-Dec (3Q) Ordinary Profit Decreases by 25%

Wed Feb 12, 2025 3:45 pm JST Earnings

3646 Ekitan & Co.,Ltd. 【J-GAAP】

Earnings Report

Ekitan & Co.,Ltd. <3646> [TSE Growth] announced its financial results after the market closed on February 12th (15:45). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 42 million yen (compared to a loss of 11 million yen in the same period last year). However, the progress rate toward the full-year plan of 111 million yen was 37.8%, also falling below the five-year average of 69.3%.

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 January to March period (4Q) is expected to expand 81.6% from the same period last year, reaching 69 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 45 million yen, a 25.0% decrease compared to the same period last year. The operating profit margin worsened from 5.3% in the same period last year to 4.9%.

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 2,373 60 58 51 9.6 55.8 Feb 8, 2023 J-GAAP
Apr - Dec, 2023 3,044 -15 -11 -743 -153.6 ー Feb 8, 2024 J-GAAP
Apr - Dec, 2024 2,641 33 42 12 2.6 37.8 Feb 12, 2025 J-GAAP
YoY -13.2% － － － －

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 2,097 97 98 58 12.0 14 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,563 111 114 88 18.6 14 Nov 12, 2024 J-GAAP
YoY +22.2% +14.4% +16.3% +51.7% +55.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,206 105 104 89 17.0 14 May 10, 2023 J-GAAP
Mar, 2024 4,038 23 27 -736 -152.0 14 May 9, 2024 J-GAAP
Mar, 2025 Guidance 4,327 101 111 73 15.5 14 May 9, 2024 J-GAAP
YoY +7.2% +339.1% +311.1% － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,103 59 60 51 10.5 5.3 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 994 38 38 7 1.5 3.8 May 9, 2024 J-GAAP
Apr - Jun, 2024 859 -19 -12 -18 -3.8 -2.2 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 905 9 9 3 0.6 1.0 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 877 43 45 27 5.9 4.9 Feb 12, 2025 J-GAAP
YoY -20.5% -27.1% -25.0% -47.1% -44.3%

Related Articles