KYORITSU ELECTRIC CORPORATION, July-September (1Q) Ordinary Profit Increases by 42%

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Wed Nov 6, 2024 3:00 pm JST Earnings

6874 KYORITSU ELECTRIC CORPORATION 【J-GAAP】

Earnings Report

KYORITSU ELECTRIC CORPORATION <6874> [TSE-S] announced its financial results in the afternoon session on November 6th (15:00). The consolidated ordinary profit for the first quarter of the fiscal year ending June 2025 (July to September) expanded to 554 million yen, an increase of 42.4% compared to the same period last year. The progress rate against the 2.75 billion yen full-year plan was 20.1%, exceeding the five-year average of 13.9%.

In the most recent three-month period, from July to September (1Q), the operating profit margin improved from 4.7% in the same period last year to 6.7%.

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Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jul - Sep, 2022	6,943	259	279	135	16.9	28.7	Nov 8, 2022	J-GAAP
Jul - Sep, 2023	7,699	365	389	175	21.8	35.4	Nov 7, 2023	J-GAAP
Jul - Sep, 2024	8,360	557	554	277	34.4	ー	Nov 6, 2024	J-GAAP
YoY	+8.6%	+52.6%	+42.4%	+58.3%	+57.8%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	16,532	1,010	1,099	646	80.3	0	Feb 6, 2024	J-GAAP
Jul - Dec, 2024 Guidance	ー	ー	ー	ー	－	0	Aug 8, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun, 2023	33,616	2,273	2,371	1,530	190.1	35	Aug 9, 2023	J-GAAP
Jun, 2024	34,361	2,451	2,635	1,768	219.7	45	Aug 8, 2024	J-GAAP
Jun, 2025 Guidance	36,000	2,600	2,750	1,850	229.9	60	Aug 8, 2024	J-GAAP
YoY	+4.8%	+6.1%	+4.4%	+4.6%	+4.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	7,699	365	389	175	21.8	4.7	Nov 7, 2023	J-GAAP
Oct - Dec, 2023	8,833	645	710	471	58.6	7.3	Feb 6, 2024	J-GAAP
Jan - Mar, 2024	9,472	1,005	1,045	726	90.3	10.6	May 8, 2024	J-GAAP
Apr - Jun, 2024	8,357	436	491	396	49.2	5.2	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	8,360	557	554	277	34.4	6.7	Nov 6, 2024	J-GAAP
YoY	+8.6%	+52.6%	+42.4%	+58.3%	+57.8%