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Kawagishi Bridge Works Co.,Ltd., Last Fiscal Year Ordinary Profit Revised Upward to an Unexpected 16% Increase

Mon Oct 28, 2024 3:00 pm JST Revision

5921 Kawagishi Bridge Works Co.,Ltd. 【J-GAAP】

Guidance Update Report

Kawagishi Bridge Works Co.,Ltd. <5921> [TSE-S] announced a performance revision after the market closed on October 28th (15:00). The ordinary profit (non-consolidated) for the fiscal year ending September 2024 has been revised upward by 23.6%, from the previous forecast of 1.6 billion yen to 1.97 billion yen (compared to 1.7 billion yen in the previous period), turning to a 15.7% increase in the ordinary profit outlook.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the April to September period (second half) ordinary profit is expected to increase by 63.8%, from the previous forecast of 591 million yen to 968 million yen (compared to 732 million yen in the same period of the previous year), turning to a 32.2% increase in the ordinary profit outlook.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Prev 12,605 527 591 335 115.4 100 Apr 22, 2024 J-GAAP
Apr - Sep, 2024 New 13,671 836 968 704 238.8 100 Oct 28, 2024 J-GAAP
Revision Rate +8.5% +58.6% +63.8% +110.1% +106.9%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2024 Prev 26,500 1,360 1,600 1,100 378.9 100 Nov 14, 2023 J-GAAP
Sep, 2024 New 27,566 1,669 1,977 1,469 498.2 100 Oct 28, 2024 J-GAAP
Revision Rate +4.0% +22.7% +23.6% +33.5% +31.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 12,847 581 732 496 169.4 100 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 Guidance 13,671 836 968 704 238.8 100 Oct 28, 2024 J-GAAP
YoY +6.4% +43.9% +32.2% +41.9% +41.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2022 22,049 1,242 1,466 951 328.6 80 Nov 14, 2022 J-GAAP
Sep, 2023 25,998 1,415 1,708 1,248 426.2 100 Nov 14, 2023 J-GAAP
Sep, 2024 Guidance 27,566 1,669 1,977 1,469 498.2 100 Oct 28, 2024 J-GAAP
YoY +6.0% +18.0% +15.7% +17.7% +16.9%

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