kabutan

Daiseki Co.,Ltd., First Half Ordinary Profit Decreases by 3%

Tue Oct 1, 2024 3:00 pm JST Earnings

9793 Daiseki Co.,Ltd. 【J-GAAP】

Earnings Report

Daiseki Co.,Ltd. <9793> [TSE-P] announced its financial results after the market closed on October 1st (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2025 (March to August) was 7.71 billion yen, a 2.5% decrease compared to the same period last year. The progress rate against the 14.1 billion yen full-year plan was 54.7%, also surpassing the five-year average of 50.6%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to February period (second half) is expected to decrease by 15.3% from the same period last year to 6.38 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit decreased to 3.49 billion yen, a 9.8% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 21.3% in the same period last year to 21.3%.

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
Mar - Aug, 2022 28,369 6,245 6,484 4,331 86.5 49.6 Oct 3, 2022 J-GAAP
Mar - Aug, 2023 35,766 7,753 7,916 4,781 97.2 51.2 Oct 2, 2023 J-GAAP
Mar - Aug, 2024 32,791 7,327 7,715 4,881 101.3 54.7 Oct 1, 2024 J-GAAP
YoY -8.3% -5.5% -2.5% +2.1% +4.3%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2024 Guidance 32,700 6,700 6,800 4,200 87.5 33 Apr 4, 2024 J-GAAP
Mar - Aug, 2024 Results 32,791 7,327 7,715 4,881 101.3 33 Oct 1, 2024 J-GAAP
Revision Rate +0.3% +9.4% +13.5% +16.2% +15.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2023 33,450 7,061 7,536 4,684 95.5 36 Apr 4, 2024 J-GAAP
Sep - Feb, 2024 Guidance 32,809 6,673 6,385 3,819 79.4 33 Oct 1, 2024 J-GAAP
YoY -1.9% -5.5% -15.3% -18.5% -16.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2023 58,572 12,711 13,060 8,666 174.2 60 Apr 5, 2023 J-GAAP
Feb, 2024 69,216 14,814 15,452 9,465 193.1 66 Apr 4, 2024 J-GAAP
Feb, 2025 Guidance 65,600 14,000 14,100 8,700 181.0 66 Apr 4, 2024 J-GAAP
YoY -5.2% -5.5% -8.7% -8.1% -6.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 17,892 3,818 3,876 2,350 47.8 21.3 Oct 2, 2023 J-GAAP
Sep - Nov, 2023 17,849 4,191 4,226 2,617 53.3 23.5 Jan 5, 2024 J-GAAP
Dec - Feb, 2023 15,601 2,870 3,310 2,067 42.2 18.4 Apr 4, 2024 J-GAAP
Mar - May, 2024 16,703 3,906 4,220 2,687 55.6 23.4 Jul 1, 2024 J-GAAP
Jun - Aug, 2024 16,088 3,421 3,495 2,194 45.5 21.3 Oct 1, 2024 J-GAAP
YoY -10.1% -10.4% -9.8% -6.6% -4.6%

Related Articles