KOMATSU MATERE Co., Ltd., The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 2% Increase
3580 KOMATSU MATERE Co., Ltd. 【J-GAAP】
Earnings ReportKOMATSU MATERE Co., Ltd. <3580> [TSE-P] announced its financial results after the market closed on October 30th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 27.8% from the same period last year, reaching 1.53 billion yen.
In addition, the full-year consolidated ordinary profit has been revised upward by 3.8%, from the previous forecast of 2.6 billion yen to 2.7 billion yen (compared to 2.64 billion yen in the previous period), turning to a 2.2% increase in the consolidated ordinary profit outlook.
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 decrease by 19.2% from the same period last year to 1.16 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 18.2% from the same period last year, reaching 765 million yen. The operating profit margin improved from 4.2% in the same period last year to 6.2%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
17,397M | 956M | 1,352M | 940M | 23.4 | 80.3 | Oct 28, 2022 | J-GAAP |
|
|
17,677M | 736M | 1,200M | 890M | 22.3 | 45.4 | Oct 31, 2023 | J-GAAP |
|
|
19,113M | 1,163M | 1,534M | 1,629M | 40.7 | 56.8 | Oct 30, 2024 | J-GAAP |
| YoY | +8.1% | +58.0% | +27.8% | +83.0% | +82.8% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 Guidance | 19,000M | 1,000M | 1,450M | 1,650M | 41.1 | 12 | Sep 6, 2024 | J-GAAP |
| Apr - Sep, 2024 Results | 19,113M | 1,163M | 1,534M | 1,629M | 40.7 | 12 | Oct 30, 2024 | J-GAAP |
| Revision Rate | +0.6% | +16.3% | +5.8% | -1.3% | -1.1% |
Guidance Update
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 Prev | 39,000M | 1,800M | 2,600M | 2,450M | 61.8 | 24 | Sep 6, 2024 | J-GAAP |
| Mar, 2025 New | 39,000M | 1,900M | 2,700M | 2,450M | 61.8 | 24 | Oct 30, 2024 | J-GAAP |
| Revision Rate | 0.0% | +5.6% | +3.8% | 0.0% | 0.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
18,993M | 1,120M | 1,443M | 953M | 23.8 | 10 | May 8, 2024 | J-GAAP |
|
Guidance
Oct - Mar, 2024
|
19,887M | 737M | 1,166M | 821M | 20.7 | 12 | Oct 30, 2024 | J-GAAP |
| YoY | +4.7% | -34.2% | -19.2% | -13.9% | -13.1% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
35,438M | 1,605M | 1,683M | 1,118M | 27.9 | 20 | May 9, 2023 | J-GAAP |
|
|
36,670M | 1,856M | 2,643M | 1,843M | 46.0 | 22 | May 8, 2024 | J-GAAP |
|
Guidance
Mar, 2025
|
39,000M | 1,900M | 2,700M | 2,450M | 61.8 | 24 | Oct 30, 2024 | J-GAAP |
| YoY | +6.4% | +2.4% | +2.2% | +32.9% | +34.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
8,833M | 367M | 647M | 465M | 11.6 | 4.2 | Oct 31, 2023 | J-GAAP |
|
|
9,469M | 658M | 828M | 568M | 14.2 | 6.9 | Feb 2, 2024 | J-GAAP |
|
|
9,524M | 462M | 615M | 385M | 9.6 | 4.9 | May 8, 2024 | J-GAAP |
|
|
9,489M | 565M | 769M | 1,084M | 27.1 | 6.0 | Jul 31, 2024 | J-GAAP |
|
|
9,624M | 598M | 765M | 545M | 13.6 | 6.2 | Oct 30, 2024 | J-GAAP |
| YoY | +9.0% | +62.9% | +18.2% | +17.2% | +17.0% |
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