kabutan

FDK CORPORATION, The Current Fiscal Year Ordinary Profit Revised Upward by 19%

Wed Oct 30, 2024 3:00 pm JST Earnings

6955 FDK CORPORATION 【J-GAAP】

Earnings Report

FDK CORPORATION <6955> [TSE-S] announced its financial results after the market closed on October 30th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 4.6 times that of the same period last year, reaching 631 million yen.

In addition, the full-year consolidated ordinary profit has been revised upward by 18.8%, from the previous forecast of 800 million yen to 950 million yen (compared to 720 million yen in the previous period), increasing the growth rate from 11.1% to 31.9%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop by 45.4% from the same period last year to 319 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged to 5.7 times that of the same period last year, reaching 499 million yen. The operating profit margin improved from 0.4% in the same period last year to 3.4%.

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 31,734 670 839 583 16.9 98.6 Oct 25, 2022 J-GAAP
Apr - Sep, 2023 30,246 -76 136 -35 -1.0 18.9 Oct 25, 2023 J-GAAP
Apr - Sep, 2024 32,659 785 631 352 10.2 66.4 Oct 30, 2024 J-GAAP
YoY +8.0% － +364.0% － －

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 － 0 Apr 24, 2024 J-GAAP
Apr - Sep, 2024 Results 32,659 785 631 352 10.2 0 Oct 30, 2024 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 63,000 1,000 800 200 5.8 0 Apr 24, 2024 J-GAAP
Mar, 2025 New 63,000 1,300 950 350 10.1 0 Oct 30, 2024 J-GAAP
Revision Rate 0.0% +30.0% +18.8% +75.0% +74.8%

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 32,430 644 584 155 4.5 0 Apr 24, 2024 J-GAAP
Oct - Mar, 2024 Guidance 30,341 515 319 -2 -0.1 0 Oct 30, 2024 J-GAAP
YoY -6.4% -20.0% -45.4% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 62,784 789 851 318 9.2 0 Apr 26, 2023 J-GAAP
Mar, 2024 62,676 568 720 120 3.5 0 Apr 24, 2024 J-GAAP
Mar, 2025 Guidance 63,000 1,300 950 350 10.1 0 Oct 30, 2024 J-GAAP
YoY +0.5% +128.9% +31.9% +191.7% +189.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 15,386 59 88 79 2.3 0.4 Oct 25, 2023 J-GAAP
Oct - Dec, 2023 15,653 181 98 -17 -0.5 1.2 Jan 30, 2024 J-GAAP
Jan - Mar, 2024 16,777 463 486 172 5.0 2.8 Apr 24, 2024 J-GAAP
Apr - Jun, 2024 15,793 218 132 8 0.2 1.4 Jul 25, 2024 J-GAAP
Jul - Sep, 2024 16,866 567 499 344 10.0 3.4 Oct 30, 2024 J-GAAP
YoY +9.6% +861.0% +467.0% +335.4% +330.6%

Related Articles