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OKAMOTO INDUSTRIES, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 11%

Fri Feb 7, 2025 4:00 pm JST Earnings

5122 OKAMOTO INDUSTRIES,INC. 【J-GAAP】

Earnings Report

OKAMOTO INDUSTRIES,INC. <5122> [TSE Prime] announced its financial results after the market closed on February 7th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 11.0% from the same period last year to 8.44 billion yen. However, the progress rate toward the full-year plan of 10.4 billion yen was 81.2%, almost the same as the five-year average of 81.5%.

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 decrease 24.7% from the same period last year to 1.95 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 3.42 billion yen, a 1.5% decrease compared to the same period last year. The operating profit margin significantly dropped from 11.4% in the same period last year to 7.7%.

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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
Apr - Dec, 2022 73,247 5,356 6,279 3,938 217.2 79.3 Feb 10, 2023 J-GAAP
Apr - Dec, 2023 79,400 8,018 9,487 7,005 398.5 78.5 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 83,046 7,112 8,443 5,079 291.4 81.2 Feb 7, 2025 J-GAAP
YoY +4.6% -11.3% -11.0% -27.5% -26.9%

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 55,164 5,273 6,081 2,810 159.9 80 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 56,511 4,331 5,385 3,720 214.5 60 Nov 8, 2024 J-GAAP
YoY +2.4% -17.9% -11.4% +32.4% +34.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 99,076 6,898 7,922 4,893 271.1 110 May 12, 2023 J-GAAP
Mar, 2024 106,123 10,040 12,087 7,388 420.3 135 May 13, 2024 J-GAAP
Mar, 2025 Guidance 111,000 9,250 10,400 6,700 386.4 120 May 13, 2024 J-GAAP
YoY +4.6% -7.9% -14.0% -9.3% -8.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 28,441 3,251 3,481 2,427 138.1 11.4 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 26,723 2,022 2,600 383 21.8 7.6 May 13, 2024 J-GAAP
Apr - Jun, 2024 26,066 2,538 3,592 2,210 126.3 9.7 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 28,423 2,381 1,423 770 44.1 8.4 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 28,557 2,193 3,428 2,099 120.4 7.7 Feb 7, 2025 J-GAAP
YoY +0.4% -32.5% -1.5% -13.5% -12.8%

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