AIMECHATEC (6227) Q4 2024 earnings summary

Executive summary

• Revenue for the fiscal year ended June 2024 was ¥15,421 million, down 0.3% year-over-year, with operating profit at ¥261 million (down 55.0%), ordinary profit at ¥162 million (down 65.4%), and net income attributable to shareholders at ¥111 million (down 90.6%).

• The business environment was marked by global economic uncertainty, with strong AI semiconductor demand offset by weak IT and LCD investment.

• Strategic initiatives included expansion of acquired equipment business, capital alliances, and a new joint venture.

Financial highlights

• Comprehensive income for the year was ¥348 million, a 70.8% decrease year-over-year.

• Cash and equivalents at year-end were ¥2,873 million, up ¥159 million from the previous year.

• Operating cash flow was negative ¥1,131 million, investment cash flow negative ¥889 million, and financing cash flow positive ¥2,130 million.

• Equity ratio improved to 48.1% from 40.6% year-over-year.

Outlook and guidance

• FY2025 forecast: revenue ¥20,015 million (+29.8%), operating profit ¥1,625 million (+521.9%), ordinary profit ¥1,510 million (+829.6%), net income ¥216 million (+93.3%).

• Dividend policy remains stable, with a planned ¥45 per share payout for both current and next fiscal years.