KOGI CORPORATION, First Half Ordinary Profit Increases by 3.0 times

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.

Wed Oct 30, 2024 3:30 pm JST Earnings

5603 KOGI CORPORATION 【J-GAAP】

Earnings Report

KOGI CORPORATION <5603> [TSE-S] announced its financial results after the market closed on October 30th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 3.0 times that of the same period last year, reaching 568 million yen, exceeded the previous forecast of 460 million yen.

The progress rate against the 780 million yen full-year plan was 72.8%, also surpassing the five-year average of 37.9%.

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 significant drop by 59.5% from the same period last year to 212 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a profit of profit of 257 million yen (compared to a loss of 30 million yen in the same period last year). The operating profit margin significantly improved from 0.6% in the same period last year to 5.0%.

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	12,652	200	155	90	27.6	21.6	Oct 31, 2022	J-GAAP
Apr - Sep, 2023	12,583	244	191	185	56.6	26.8	Oct 31, 2023	J-GAAP
Apr - Sep, 2024	12,924	589	568	211	64.6	72.8	Oct 30, 2024	J-GAAP
YoY	+2.7%	+141.4%	+197.4%	+14.1%	+14.2%

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	13,000	480	460	250	76.5	0	Jul 31, 2024	J-GAAP
Apr - Sep, 2024 Results	12,924	589	568	211	64.6	0	Oct 30, 2024	J-GAAP
Revision Rate	-0.6%	+22.7%	+23.5%	-15.6%	-15.5%

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	13,380	542	523	353	108.0	60	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	13,306	251	212	269	82.3	40	Oct 30, 2024	J-GAAP
YoY	-0.6%	-53.7%	-59.5%	-23.8%	-23.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	26,726	807	716	466	142.3	35	May 10, 2023	J-GAAP
Mar, 2024	25,963	786	714	538	164.7	60	May 10, 2024	J-GAAP
Mar, 2025 Guidance	26,230	840	780	480	146.8	40	Jul 31, 2024	J-GAAP
YoY	+1.0%	+6.9%	+9.2%	-10.8%	-10.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	6,199	37	-30	28	8.6	0.6	Oct 31, 2023	J-GAAP
Oct - Dec, 2023	6,765	324	300	201	61.6	4.8	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	6,615	218	223	152	46.5	3.3	May 10, 2024	J-GAAP
Apr - Jun, 2024	6,418	262	311	37	11.4	4.1	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	6,506	327	257	174	53.3	5.0	Oct 30, 2024	J-GAAP
YoY	+5.0%	+783.8%	－	+521.4%	+522.4%