kabutan

WATT MANN, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 4%

Fri Feb 14, 2025 5:00 pm JST Earnings

9927 WATT MANN CO., LTD. 【J-GAAP】

Earnings Report

WATT MANN CO., LTD. <9927> [TSE Std] announced its financial results after the market closed on February 14th (17:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 4.0% from the same period last year, reaching 468 million yen. However, the progress rate toward the full-year plan of 732 million yen was 63.9%, almost the same as the five-year average of 62.2%.

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 grow 28.2% from the same period last year, reaching 264 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 168 million yen, an increase of 1.2% compared to the same period last year. However, the operating profit margin worsened from 8.4% in the same period last year to 7.6%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 5,364 350 347 232 26.6 68.3 Feb 14, 2023 J-GAAP
Apr - Dec, 2023 5,800 447 450 289 33.1 68.6 Feb 14, 2024 J-GAAP
Apr - Dec, 2024 6,200 460 468 275 31.5 63.9 Feb 14, 2025 J-GAAP
YoY +6.9% +2.9% +4.0% -4.8% -4.9%

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 4,022 368 372 276 31.6 20 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 4,397 434 432 317 36.2 20 Nov 14, 2024 J-GAAP
YoY +9.3% +17.9% +16.1% +14.9% +14.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 7,420 508 508 355 40.7 15 May 15, 2023 J-GAAP
Mar, 2024 7,851 649 656 459 52.6 20 May 15, 2024 J-GAAP
Mar, 2025 Guidance 8,430 730 732 510 58.3 20 May 15, 2024 J-GAAP
YoY +7.4% +12.5% +11.6% +11.1% +10.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,971 166 166 106 12.2 8.4 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 2,051 202 206 170 19.5 9.8 May 15, 2024 J-GAAP
Apr - Jun, 2024 2,015 169 172 111 12.7 8.4 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 2,018 127 128 82 9.4 6.3 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 2,167 164 168 82 9.4 7.6 Feb 14, 2025 J-GAAP
YoY +9.9% -1.2% +1.2% -22.6% -22.6%

Related Articles