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AXIS CO.,LTD., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 28%, July-September Ordinary Profit Increases by 38%

Thu Nov 7, 2024 12:00 pm JST Earnings

4012 AXIS CO.,LTD. 【J-GAAP】

Earnings Report

AXIS CO.,LTD. <4012> [TSE-S] announced its financial results at noon (12:00) on November 7th. The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2024 (January to September) increased by 28.5% from the same period last year, reaching 627 million yen. The progress rate against the 765 million yen full-year plan was 82.0%, also surpassing the four-year average of 74.6%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the October to December period (4Q) is expected to decrease by 22.5% from the same period last year to 138 million yen.

In the most recent three-month period, from July to September (3Q), the ordinary profit increased by 37.9% from the same period last year, reaching 200 million yen. The operating profit margin improved from 8.6% in the same period last year to 9.6%.

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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
Jan - Sep, 2022 4,325 442 452 287 71.7 77.1 Nov 10, 2022 J-GAAP
Jan - Sep, 2023 4,809 476 488 316 77.6 73.3 Nov 9, 2023 J-GAAP
Jan - Sep, 2024 5,506 593 627 409 97.3 82.0 Nov 7, 2024 J-GAAP
YoY +14.5% +24.6% +28.5% +29.4% +25.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 3,463 321 323 239 58.5 18 Feb 8, 2024 J-GAAP
Jul - Dec, 2024 Guidance 3,855 337 338 252 59.6 25 Aug 8, 2024 J-GAAP
YoY +11.3% +5.0% +4.6% +5.4% +1.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 5,854 576 586 390 97.1 10 Feb 9, 2023 J-GAAP
Dec, 2023 6,581 652 666 462 113.1 18 Feb 8, 2024 J-GAAP
Dec, 2024 Guidance 7,504 752 765 526 124.3 25 Feb 8, 2024 J-GAAP
YoY +14.0% +15.3% +14.9% +13.9% +9.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,691 145 145 93 22.9 8.6 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 1,772 176 178 146 35.8 9.9 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 1,806 219 226 145 35.0 12.1 May 9, 2024 J-GAAP
Apr - Jun, 2024 1,843 196 201 129 30.8 10.6 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 1,857 178 200 135 32.1 9.6 Nov 7, 2024 J-GAAP
YoY +9.8% +22.8% +37.9% +45.2% +40.6%

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