KAMEDA SEIKA CO.,LTD., The Current Fiscal Year Ordinary Profit Revised Upward by 3%

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.

Tue Oct 29, 2024 3:00 pm JST Earnings

2220 KAMEDA SEIKA CO.,LTD. 【J-GAAP】

Earnings Report

KAMEDA SEIKA CO.,LTD. <2220> [TSE-P] announced its financial results after the market closed on October 29th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 14.3% from the same period last year to 1.83 billion yen.

However, the full-year consolidated ordinary profit has been revised upward by 2.9%, from the previous forecast of 6.8 billion yen to 7 billion yen (compared to 6.79 billion yen in the previous period), increasing the growth rate from 0.03% to 3.0%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 10.9% from the same period last year, reaching 5.16 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 207 million yen (compared to a profit of 664 million yen in the same period last year). However, the operating profit margin improved from 0.7% in the same period last year to 2.8%.

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	46,020	1,691	2,989	1,865	88.5	57.3	Nov 2, 2022	J-GAAP
Apr - Sep, 2023	44,067	854	2,144	980	46.5	31.5	Nov 1, 2023	J-GAAP
Apr - Sep, 2024	48,560	1,768	1,837	794	37.7	26.2	Oct 29, 2024	J-GAAP
YoY	+10.2%	+107.0%	-14.3%	-19.0%	-19.0%

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	48,400	1,400	2,000	900	42.7	15	Aug 2, 2024	J-GAAP
Apr - Sep, 2024 Results	48,560	1,768	1,837	794	37.7	15	Oct 29, 2024	J-GAAP
Revision Rate	+0.3%	+26.3%	-8.2%	-11.8%	-11.8%

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	102,000	5,000	6,800	3,800	180.2	57	Aug 2, 2024	J-GAAP
Mar, 2025 New	102,000	5,500	7,000	4,000	189.7	57	Oct 29, 2024	J-GAAP
Revision Rate	0.0%	+10.0%	+2.9%	+5.3%	+5.3%

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	51,467	3,613	4,654	1,277	60.6	41	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	53,440	3,732	5,163	3,206	152.1	42	Oct 29, 2024	J-GAAP
YoY	+3.8%	+3.3%	+10.9%	+151.1%	+151.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	94,992	3,564	5,215	1,892	89.8	55	May 10, 2023	J-GAAP
Mar, 2024	95,534	4,467	6,798	2,257	107.1	56	May 15, 2024	J-GAAP
Mar, 2025 Guidance	102,000	5,500	7,000	4,000	189.7	57	Oct 29, 2024	J-GAAP
YoY	+6.8%	+23.1%	+3.0%	+77.2%	+77.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	21,845	155	664	183	8.7	0.7	Nov 1, 2023	J-GAAP
Oct - Dec, 2023	26,069	2,041	1,851	1,003	47.6	7.8	Feb 2, 2024	J-GAAP
Jan - Mar, 2024	25,398	1,572	2,803	274	13.0	6.2	May 15, 2024	J-GAAP
Apr - Jun, 2024	24,066	1,074	2,044	1,191	56.5	4.5	Aug 2, 2024	J-GAAP
Jul - Sep, 2024	24,494	694	-207	-397	-18.8	2.8	Oct 29, 2024	J-GAAP
YoY	+12.1%	+347.7%	－	－	－