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HIROSE ELECTRIC, 15% Decrease in Net Income for The Current Fiscal Year
6806 HIROSE ELECTRIC CO.,LTD. 【IFRS】
Earnings ReportHIROSE ELECTRIC CO.,LTD. <6806> [TSE Prime] announced its financial results (based on IFRS) after the market closed on May 9th (16:00). The consolidated net income for the fiscal year ending March 2025 increased 24.7% from the previous period to 33 billion yen. However, for the fiscal year ending March 2026, the consolidated net income is expected to decrease by 15.2% from the previous period to 28 billion yen.
In the most recent three-month period, from January to March (4Q), the consolidated net income decreased to 5.45 billion yen, a 5.5% decrease compared to the same period last year. However, the operating profit margin rose from 16.8% in the same period last year to 18.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 183,224 | 46,751 | 48,591 | 34,648 | 1,002.0 | 500 | May 8, 2023 | IFRS |
| Mar, 2024 | 165,509 | 34,017 | 38,761 | 26,480 | 772.4 | 440 | May 7, 2024 | IFRS |
| Mar, 2025 | 189,420 | 42,672 | 46,218 | 33,033 | 976.3 | 490 | May 9, 2025 | IFRS |
| YoY | +14.4% | +25.4% | +19.2% | +24.7% | +26.4% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Guidance | 190,000 | 42,000 | 45,000 | 32,000 | 945.8 | 490 | Feb 3, 2025 | IFRS |
| Mar, 2025 Results | 189,420 | 42,672 | 46,218 | 33,033 | 976.3 | 490 | May 9, 2025 | IFRS |
| Revision Rate | -0.3% | +1.6% | +2.7% | +3.2% | +3.2% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 94,519 | 22,216 | 23,846 | 17,531 | 518.2 | 245 | Nov 1, 2024 | IFRS |
| Apr - Sep, 2025 Guidance | 95,500 | 19,500 | 20,000 | 14,000 | 416.9 | 245 | May 9, 2025 | IFRS |
| YoY | +1.0% | -12.2% | -16.1% | -20.1% | -19.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 165,509 | 34,017 | 38,761 | 26,480 | 772.4 | 440 | May 7, 2024 | IFRS |
| Mar, 2025 | 189,420 | 42,672 | 46,218 | 33,033 | 976.3 | 490 | May 9, 2025 | IFRS |
| Mar, 2026 Guidance | 191,000 | 38,500 | 40,000 | 28,000 | 847.7 | 490 | May 9, 2025 | IFRS |
| YoY | +0.8% | -9.8% | -13.5% | -15.2% | -13.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 40,347 | 6,786 | 8,127 | 5,766 | 168.2 | 16.8 | May 7, 2024 | IFRS |
| Apr - Jun, 2024 | 44,871 | 10,261 | 11,842 | 8,404 | 248.4 | 22.9 | Aug 1, 2024 | IFRS |
| Jul - Sep, 2024 | 49,648 | 11,955 | 12,004 | 9,127 | 269.8 | 24.1 | Nov 1, 2024 | IFRS |
| Oct - Dec, 2024 | 49,903 | 11,999 | 13,622 | 10,052 | 297.1 | 24.0 | Feb 3, 2025 | IFRS |
| Jan - Mar, 2025 | 44,998 | 8,457 | 8,750 | 5,450 | 161.1 | 18.8 | May 9, 2025 | IFRS |
| YoY | +11.5% | +24.6% | +7.7% | -5.5% | -4.2% |
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