YASKAWA Electric Full Year 2024 Earnings: EPS Beats Expectations

YASKAWA Electric (TSE:6506) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥575.7b (up 3.5% from FY 2023).
• Net income: JP¥50.7b (down 2.1% from FY 2023).
• Profit margin: 8.8% (down from 9.3% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥194 (down from JP¥198 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

YASKAWA Electric EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%.

The primary driver behind last 12 months revenue was the Motion Control segment contributing a total revenue of JP¥278.5b (48% of total revenue). Notably, cost of sales worth JP¥366.6b amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to JP¥143.9b (91% of total expenses). Explore how 6506's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan.

Performance of the Japanese Machinery industry.

The company's shares are down 2.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of YASKAWA Electric's balance sheet and an in-depth analysis of the company's financial position.

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