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DAIKO TSUSAN, First Half Ordinary Profit Increases by 52%, Sep-Nov Ordinary Profit Increases by 39%

Fri Jan 10, 2025 3:30 pm JST Earnings

7673 DAIKO TSUSAN CO.,LTD. 【J-GAAP】

Earnings Report

DAIKO TSUSAN CO.,LTD. <7673> [TSE Std] announced its financial results after the market closed on January 10th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending May 2025 (June to November) expanded 0.61 billion yen, an increase 52.2% compared to the same period last year. The progress rate toward the full-year plan of 1 billion yen was 61.7%, also surpassing the five-year average of 46.9%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the December to May period (2H) is expected to decrease 21.6% from the same period last year to 0.38 billion yen.

In the most recent three-month period, from September to November (2Q), the ordinary profit increased 38.9% from the same period last year, reaching 0.37 billion yen. The operating profit margin improved from 6.0% in the same period last year to 6.6%.

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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
Jun - Nov, 2022 8,534 437 441 295 55.4 48.0 Jan 13, 2023 J-GAAP
Jun - Nov, 2023 8,293 402 406 270 50.8 45.3 Jan 12, 2024 J-GAAP
Jun - Nov, 2024 10,319 607 618 420 78.8 61.7 Jan 10, 2025 J-GAAP
YoY +24.4% +51.0% +52.2% +55.6% +55.3%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2024 Guidance 10,319 603 615 408 76.5 0 Dec 12, 2024 J-GAAP
Jun - Nov, 2024 Results 10,319 607 618 420 78.8 0 Jan 10, 2025 J-GAAP
Revision Rate 0.0% +0.7% +0.5% +2.9% +3.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2023 8,929 483 490 332 62.3 49 Jul 10, 2024 J-GAAP
Dec - May, 2024 Guidance 8,681 376 384 240 45.0 50 Jan 10, 2025 J-GAAP
YoY -2.8% -22.2% -21.6% -27.7% -27.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2023 17,148 913 919 615 115.3 49 Jul 10, 2023 J-GAAP
May, 2024 17,222 885 896 602 112.9 49 Jul 10, 2024 J-GAAP
May, 2025 Guidance 19,000 983 1,002 660 123.8 50 Jul 10, 2024 J-GAAP
YoY +10.3% +11.1% +11.8% +9.6% +9.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2023 4,438 267 270 184 34.6 6.0 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 4,223 228 233 158 29.7 5.4 Apr 10, 2024 J-GAAP
Mar - May, 2024 4,706 255 257 174 32.6 5.4 Jul 10, 2024 J-GAAP
Jun - Aug, 2024 4,678 233 243 164 30.9 5.0 Oct 10, 2024 J-GAAP
Sep - Nov, 2024 5,641 374 375 256 48.0 6.6 Jan 10, 2025 J-GAAP
YoY +27.1% +40.1% +38.9% +39.1% +38.9%

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