KVK CORPORATION, First Half Ordinary Profit Increases by 25%, July-September Ordinary Profit Increases by 78%

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.

Mon Oct 28, 2024 3:00 pm JST Earnings

6484 KVK CORPORATION 【J-GAAP】

Earnings Report

KVK CORPORATION <6484> [TSE-S] announced its financial results after the market closed on October 28th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 24.9% from the same period last year, reaching 1.4 billion yen. The progress rate against the 2.8 billion yen full-year plan was 50.2%, also surpassing the five-year average of 46.9%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 19.9% from the same period last year to 1.39 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 78.0% from the same period last year, reaching 803 million yen. The operating profit margin improved from 6.2% in the same period last year to 8.5%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	14,389	793	843	567	71.4	32.2	Oct 28, 2022	J-GAAP
Apr - Sep, 2023	14,643	1,102	1,125	708	89.1	39.3	Oct 27, 2023	J-GAAP
Apr - Sep, 2024	14,224	1,183	1,405	944	118.3	50.2	Oct 28, 2024	J-GAAP
YoY	-2.9%	+7.4%	+24.9%	+33.3%	+32.8%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	15,000	1,250	1,300	900	112.9	35	May 13, 2024	J-GAAP
Apr - Sep, 2024 Results	14,224	1,183	1,405	944	118.3	35	Oct 28, 2024	J-GAAP
Revision Rate	-5.2%	-5.4%	+8.1%	+4.9%	+4.8%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	15,156	1,428	1,741	1,272	159.8	35	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	16,276	1,417	1,395	956	119.4	35	Oct 28, 2024	J-GAAP
YoY	+7.4%	-0.8%	-19.9%	-24.8%	-25.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	29,742	2,450	2,615	1,773	223.4	50	May 11, 2023	J-GAAP
Mar, 2024	29,799	2,530	2,866	1,980	248.8	60	May 13, 2024	J-GAAP
Mar, 2025 Guidance	30,500	2,600	2,800	1,900	237.3	70	May 13, 2024	J-GAAP
YoY	+2.4%	+2.8%	-2.3%	-4.0%	-4.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	7,024	435	451	303	38.1	6.2	Oct 27, 2023	J-GAAP
Oct - Dec, 2023	7,725	668	763	491	61.7	8.6	Jan 29, 2024	J-GAAP
Jan - Mar, 2024	7,431	760	978	781	98.1	10.2	May 13, 2024	J-GAAP
Apr - Jun, 2024	7,232	590	602	408	51.3	8.2	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	6,992	593	803	536	67.2	8.5	Oct 28, 2024	J-GAAP
YoY	-0.5%	+36.3%	+78.0%	+76.9%	+76.1%