kabutan

ASAHI PRINTING CO.,LTD., July-September (2Q) Ordinary Profit Decreases by 14%

Mon Nov 11, 2024 4:00 pm JST Earnings

3951 ASAHI PRINTING CO.,LTD. 【J-GAAP】

Earnings Report

ASAHI PRINTING CO.,LTD. <3951> [TSE-S] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was 1.39 billion yen, a 2.3% decrease compared to the same period last year. The progress rate against the 2.7 billion yen full-year plan was 51.5%, almost the same as the five-year average of 52.8%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to expand by 45.4% from the same period last year, reaching 1.31 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 537 million yen, a 13.9% decrease compared to the same period last year. The operating profit margin worsened from 5.5% in the same period last year to 4.8%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 19,819 1,170 1,296 943 43.4 51.1 Nov 14, 2022 J-GAAP
Apr - Sep, 2023 20,884 1,315 1,422 1,069 49.3 61.2 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 21,656 1,285 1,390 1,075 50.6 51.5 Nov 11, 2024 J-GAAP
YoY +3.7% -2.3% -2.3% +0.6% +2.6%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance ー ー ー ー － 18 May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 21,656 1,285 1,390 1,075 50.6 18 Nov 11, 2024 J-GAAP
Revision Rate － － － － －

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 20,987 715 901 558 25.8 20 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 22,444 1,365 1,310 725 34.1 20 Nov 11, 2024 J-GAAP
YoY +6.9% +90.9% +45.4% +29.9% +32.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 40,302 2,259 2,535 1,707 78.4 35 May 12, 2023 J-GAAP
Mar, 2024 41,871 2,030 2,323 1,627 75.3 35 May 10, 2024 J-GAAP
Mar, 2025 Guidance 44,100 2,650 2,700 1,800 84.8 38 May 10, 2024 J-GAAP
YoY +5.3% +30.5% +16.2% +10.6% +12.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 10,477 579 624 429 19.8 5.5 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 10,425 266 286 100 4.6 2.6 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 10,562 449 615 458 21.2 4.3 May 10, 2024 J-GAAP
Apr - Jun, 2024 11,067 777 853 604 28.4 7.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 10,589 508 537 471 22.2 4.8 Nov 11, 2024 J-GAAP
YoY +1.1% -12.3% -13.9% +9.8% +12.0%

Related Articles