Japan Aviation Electronics Industry Full Year 2024 Earnings: EPS Misses Expectations

Japan Aviation Electronics Industry (TSE:6807) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥225.8b (down 4.3% from FY 2023).
• Net income: JP¥12.2b (down 16% from FY 2023).
• Profit margin: 5.4% (down from 6.2% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: JP¥137 (down from JP¥161 in FY 2023).

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

Japan Aviation Electronics Industry EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan.

Performance of the Japanese Electronic industry.

The company's shares are up 4.3% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Japan Aviation Electronics Industry's balance sheet health.

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