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KYOTO TOOL CO.,LTD., First Half Ordinary Profit Increases by 6%, July-September Ordinary Profit Increases by 81%

Fri Nov 8, 2024 2:00 pm JST Earnings

5966 KYOTO TOOL CO.,LTD. 【J-GAAP】

Earnings Report

KYOTO TOOL CO.,LTD. <5966> [TSE-S] announced its financial results in the afternoon session on November 8th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 6.3% from the same period last year, reaching 389 million yen. However, The progress rate against the 1.01 billion yen full-year plan was 38.5%, also falling below the five-year average of 45.5%.

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 grow by 3.8% from the same period last year, reaching 621 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 80.9% from the same period last year, reaching 275 million yen. The operating profit margin significantly improved from 8.4% in the same period last year to 12.2%.

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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 3,808 368 381 262 107.8 46.1 Nov 4, 2022 J-GAAP
Apr - Sep, 2023 3,784 288 314 191 98.7 34.9 Nov 7, 2023 J-GAAP
Apr - Sep, 2024 4,032 330 376 243 105.2 37.2 Nov 8, 2024 J-GAAP
YoY +6.6% +14.6% +19.7% +27.2% +6.5%

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 4,300 370 385 270 111.7 40 May 10, 2024 J-GAAP
Apr - Sep, 2024 Results 4,032 330 376 243 105.2 40 Nov 8, 2024 J-GAAP
Revision Rate -6.2% -10.8% -2.3% -10.0% -5.9%

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 4,644 559 587 391 160.3 50 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 5,768 650 634 457 189.1 40 Nov 8, 2024 J-GAAP
YoY +24.2% +16.3% +8.0% +16.9% +18.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 8,396 793 826 593 243.9 70 May 12, 2023 J-GAAP
Mar, 2024 8,428 847 901 582 238.6 80 May 10, 2024 J-GAAP
Mar, 2025 Guidance 9,800 980 1,010 700 289.7 80 May 10, 2024 J-GAAP
YoY +16.3% +15.7% +12.1% +20.3% +21.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,779 140 143 92 47.6 7.9 Nov 7, 2023 J-GAAP
Oct - Dec, 2023 1,951 110 134 102 41.9 5.6 Feb 7, 2024 J-GAAP
Jan - Mar, 2024 2,693 449 453 289 118.5 16.7 May 10, 2024 J-GAAP
Apr - Jun, 2024 1,941 79 107 72 29.7 4.1 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 2,091 251 269 171 74.0 12.0 Nov 8, 2024 J-GAAP
YoY +17.5% +79.3% +88.1% +85.9% +55.6%

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