About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.
(C) 2024 MINKABU THE INFONOID, Inc.

KAWAKAMI PAINT MANUFACTURING CO.,LTD., December-August (Third Quarter Cumulative) Ordinary Profit Decreases by 44%, June-Augus Ordinary Profit Decreases by 79%

Fri Oct 11, 2024 3:00 pm JST Earnings

4616 KAWAKAMI PAINT MANUFACTURING CO.,LTD. 【J-GAAP】

Earnings Report

KAWAKAMI PAINT MANUFACTURING CO.,LTD. <4616> [TSE-S] announced its financial results after the market closed on October 11th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) dropped by 44.1% from the same period last year to 99 million yen. The progress rate against the 256 million yen full-year plan was 38.7%, also falling below the five-year average of 70.7%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to November period (4Q) is expected to surge by 2.6 times that of the same period last year, reaching 157 million yen.

In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit significantly dropped to 16 million yen, a 78.9% decrease compared to the same period last year. The operating profit margin drastically worsened from 3.9% in the same period last year to 0.3%.

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
Dec - Aug, 2021 4,043 92 132 103 103.7 62.0 Oct 13, 2022 J-GAAP
Dec - Aug, 2022 4,510 140 177 135 135.7 74.4 Oct 12, 2023 J-GAAP
Dec - Aug, 2023 4,359 62 99 69 69.9 38.7 Oct 11, 2024 J-GAAP
YoY -3.3% -55.7% -44.1% -48.9% -48.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2023 3,208 110 137 127 127.6 30 Jan 12, 2024 J-GAAP
Jun - Nov, 2024 Guidance 3,677 167 173 162 162.7 30 Jul 11, 2024 J-GAAP
YoY +14.6% +51.8% +26.3% +27.6% +27.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2022 5,632 161 213 162 162.9 25 Jan 13, 2023 J-GAAP
Nov, 2023 6,142 188 238 203 203.9 30 Jan 12, 2024 J-GAAP
Nov, 2024 Guidance 6,590 225 256 220 221.0 30 Jan 12, 2024 J-GAAP
YoY +7.3% +19.7% +7.6% +8.4% +8.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 1,576 62 76 59 59.3 3.9 Oct 12, 2023 J-GAAP
Sep - Nov, 2023 1,632 48 61 68 68.3 2.9 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 1,438 38 49 34 34.2 2.6 Apr 11, 2024 J-GAAP
Mar - May, 2024 1,475 20 34 24 24.4 1.4 Jul 11, 2024 J-GAAP
Jun - Aug, 2024 1,446 4 16 11 11.2 0.3 Oct 11, 2024 J-GAAP
YoY -8.2% -93.5% -78.9% -81.4% -81.2%

Related Articles