SAKAE ELECTRONICS, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 71%, Oct-Dec Ordinary Profit Decreases by 51%
7567 SAKAE ELECTRONICS CORPORATION 【J-GAAP】
Earnings ReportSAKAE ELECTRONICS CORPORATION <7567> [TSE Std] announced its financial results in the afternoon session on February 13th (14:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) significantly dropped 71.5% from the same period last year to 89 million yen. The progress rate toward the full-year plan of 130 million yen was 68.5%, also falling below the five-year average of 75.1%.
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 expand 41.4% from the same period last year, reaching 41 million yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 35 million yen, a 51.4% decrease compared to the same period last year. The operating profit margin worsened from 3.3% in the same period last year to 1.6%.
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Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
8,548M | 732M | 750M | 540M | 106.5 | 83.3 | Feb 10, 2023 | J-GAAP |
|
|
6,648M | 292M | 312M | 210M | 41.5 | 91.5 | Feb 9, 2024 | J-GAAP |
|
|
4,889M | 68M | 89M | 46M | 9.1 | 68.5 | Feb 13, 2025 | J-GAAP |
| YoY | -26.5% | -76.7% | -71.5% | -78.1% | -78.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
3,750M | 95M | 101M | 69M | 13.6 | 10 | May 14, 2024 | J-GAAP |
|
Guidance
Oct - Mar, 2024
|
3,377M | 72M | 76M | 64M | 12.6 | 10 | Nov 13, 2024 | J-GAAP |
| YoY | -9.9% | -24.2% | -24.8% | -7.2% | -7.6% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
10,839M | 881M | 900M | 651M | 128.3 | 12 | May 12, 2023 | J-GAAP |
|
|
8,366M | 319M | 341M | 230M | 45.4 | 10 | May 14, 2024 | J-GAAP |
|
Guidance
Mar, 2025
|
6,585M | 113M | 130M | 85M | 16.7 | 10 | Nov 13, 2024 | J-GAAP |
| YoY | -21.3% | -64.6% | -61.9% | -63.0% | -63.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
2,032M | 68M | 72M | 49M | 9.7 | 3.3 | Feb 9, 2024 | J-GAAP |
|
|
1,718M | 27M | 29M | 20M | 4.0 | 1.6 | May 14, 2024 | J-GAAP |
|
|
1,667M | 30M | 45M | 31M | 6.1 | 1.8 | Aug 9, 2024 | J-GAAP |
|
|
1,541M | 11M | 9M | -10M | -2.0 | 0.7 | Nov 13, 2024 | J-GAAP |
|
|
1,681M | 27M | 35M | 25M | 4.9 | 1.6 | Feb 13, 2025 | J-GAAP |
| YoY | -17.3% | -60.3% | -51.4% | -49.0% | -49.1% |