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Aica Kogyo Company, Limited, First Half Ordinary Profit Increases by 18%, July-September Ordinary Profit Increases by 16%

Wed Oct 30, 2024 3:20 pm JST Earnings

4206 Aica Kogyo Company, Limited 【J-GAAP】

Earnings Report

Aica Kogyo Company, Limited <4206> [TSE-P] announced its financial results after the market closed on October 30th (15:20). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 18.1% from the same period last year, reaching 14.2 billion yen. The progress rate against the 28.3 billion yen full-year plan was 50.3%, also surpassing the five-year average of 44.7%.

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 nearly flat at 14 billion yen, down 0.1% from the same period last year.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 15.9% from the same period last year, reaching 7.46 billion yen. The operating profit margin rose from 10.5% in the same period last year to 11.2%.

Kabutan News

Actual Performance and Financial Trends

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
117,704M 9,437M 10,294M 6,436M 100.6 46.6 Oct 28, 2022 J-GAAP
Apr - Sep, 2023
113,307M 11,406M 12,047M 7,856M 122.8 46.1 Oct 30, 2023 J-GAAP
Apr - Sep, 2024
120,140M 13,147M 14,230M 8,855M 138.4 50.3 Oct 30, 2024 J-GAAP
YoY +6.0% +15.3% +18.1% +12.7% +12.7%
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 120,000M 12,700M 13,300M 8,000M 125.1 56 Sep 30, 2024 J-GAAP
Apr - Sep, 2024 Results 120,140M 13,147M 14,230M 8,855M 138.4 56 Oct 30, 2024 J-GAAP
Revision Rate +0.1% +3.5% +7.0% +10.7% +10.7%

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
123,318M 13,880M 14,088M 7,279M 113.8 60 Apr 30, 2024 J-GAAP
Guidance
Oct - Mar, 2024
129,860M 14,053M 14,070M 7,345M 117.0 60 Oct 30, 2024 J-GAAP
YoY +5.3% +1.2% -0.1% +0.9% +2.8%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2023
242,055M 20,557M 22,088M 10,059M 157.3 109 Apr 28, 2023 J-GAAP
Mar, 2024
236,625M 25,286M 26,135M 15,135M 236.6 112 Apr 30, 2024 J-GAAP
Guidance
Mar, 2025
250,000M 27,200M 28,300M 16,200M 258.1 116 Sep 30, 2024 J-GAAP
YoY +5.7% +7.6% +8.3% +7.0% +9.1%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2023
58,810M 6,176M 6,438M 4,252M 66.5 10.5 Oct 30, 2023 J-GAAP
Oct - Dec, 2023
61,568M 8,097M 8,525M 4,872M 76.2 13.2 Jan 31, 2024 J-GAAP
Jan - Mar, 2024
61,750M 5,783M 5,563M 2,407M 37.6 9.4 Apr 30, 2024 J-GAAP
Apr - Jun, 2024
56,842M 6,059M 6,766M 4,134M 64.6 10.7 Jul 30, 2024 J-GAAP
Jul - Sep, 2024
63,298M 7,088M 7,464M 4,721M 73.8 11.2 Oct 30, 2024 J-GAAP
YoY +7.6% +14.8% +15.9% +11.0% +11.0%