Fukuyama Transporting (9075) Q4 2024 earnings summary

Executive summary

• FY2024 revenue declined 2.0% YoY to ¥287,563 million; operating profit fell 51.1% to ¥10,448 million as lower transport sales and higher labor and operating costs weighed on results.

• Net income attributable to owners of the parent fell 62.3% to ¥7,834 million; FY2025 guidance calls for higher revenue and profit.

Financial highlights

• Revenue was ¥287,563 million, down ¥5,795 million YoY; operating expenses rose ¥5,131 million to ¥277,115 million.

• Operating profit declined ¥10,926 million to ¥10,448 million; ordinary profit declined ¥10,012 million to ¥12,973 million.

• Net income attributable to owners of the parent fell ¥12,956 million to ¥7,834 million.

Outlook and guidance

• FY2025 forecast: revenue ¥301,300 million, up 4.8%; operating profit ¥12,000 million, up 14.9%, with a 4.0% margin.

• Ordinary profit is forecast at ¥13,500 million, up 4.1%, with a 4.5% margin; net income attributable to owners of the parent is forecast at ¥11,300 million, up 44.2%.