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OPTOELECTRONICS CO.,LTD., June-August (3Q) Ordinary Profit Turns to Profit

Fri Sep 27, 2024 3:00 pm JST Earnings

6664 OPTOELECTRONICS CO.,LTD. 【J-GAAP】

Earnings Report

OPTOELECTRONICS CO.,LTD. <6664> [TSE-S] announced its financial results after the market closed on September 27th (15:00). The consolidated ordinary loss for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) expanded to a loss of 276 million yen (compared to a loss of 257 million yen in the same period last year).

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the September to November period (4Q) is expected to turn into a profit of 48 million yen (compared to a loss of 233 million yen in the same period last year).

In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit/loss turned to a profit of profit of 9 million yen (compared to a loss of 134 million yen in the same period last year). The operating profit/loss margin improved from -8.8% in the same period last year to -7.4%.

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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
Dec - Aug, 2021 5,453 375 223 149 24.2 125.3 Sep 22, 2022 J-GAAP
Dec - Aug, 2022 5,188 -209 -257 -304 -49.2 ー Sep 26, 2023 J-GAAP
Dec - Aug, 2023 4,601 -330 -276 -330 -53.4 ー Sep 27, 2024 J-GAAP
YoY -11.3% -57.9% -7.4% -8.6% -8.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2023 3,455 -409 -367 -669 -108.3 0 Dec 27, 2023 J-GAAP
Jun - Nov, 2024 Guidance 3,841 22 57 80 13.0 0 Jun 26, 2024 J-GAAP
YoY +11.2% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2022 7,211 315 178 -47 -7.7 0 Dec 27, 2022 J-GAAP
Nov, 2023 6,878 -462 -490 -815 -132.0 0 Dec 27, 2023 J-GAAP
Nov, 2024 Guidance 6,967 -199 -228 -240 -38.9 0 Dec 27, 2023 J-GAAP
YoY +1.3% +56.9% +53.5% +70.6% +70.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 1,765 -156 -134 -158 -25.6 -8.8 Sep 26, 2023 J-GAAP
Sep - Nov, 2023 1,690 -253 -233 -511 -82.7 -15.0 Dec 27, 2023 J-GAAP
Dec - Feb, 2023 1,562 -73 -159 -183 -29.7 -4.7 Mar 27, 2024 J-GAAP
Mar - May, 2024 1,564 -148 -126 -137 -22.2 -9.5 Jun 26, 2024 J-GAAP
Jun - Aug, 2024 1,475 -109 9 -10 -1.6 -7.4 Sep 27, 2024 J-GAAP
YoY -16.4% +30.1% － +93.7% +93.7%

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