YKT CORPORATION, July-September (3Q) Operating Profit Turns to Profit

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.

Fri Nov 8, 2024 3:30 pm JST Earnings

2693 YKT CORPORATION 【J-GAAP】

Earnings Report

YKT CORPORATION <2693> [TSE-S] announced its financial results after the market closed on November 8th (15:30). The consolidated operating profit/loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) turned into a loss of 23 million yen (compared to a profit of 339 million yen in the same period last year).

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated operating profit for the October to December period (4Q) is expected to surge by 5.8 times that of the same period last year, reaching 273 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated operating profit/loss turned to a profit of profit of 63 million yen (compared to a loss of 51 million yen in the same period last year). The operating profit/loss margin significantly improved from -2.2% in the same period last year to 1.9%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2022	15,516	727	917	652	56.2	74.2	Nov 4, 2022	J-GAAP
Jan - Sep, 2023	10,197	339	391	249	21.5	85.9	Nov 2, 2023	J-GAAP
Jan - Sep, 2024	8,362	-23	36	23	2.0	12.0	Nov 8, 2024	J-GAAP
YoY	-18.0%	－	-90.8%	-90.8%	-90.7%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	5,053	-4	49	28	2.4	10	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	6,950	336	382	263	22.7	5	Aug 2, 2024	J-GAAP
YoY	+37.5%	－	+679.6%	+839.3%	+836.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	22,079	1,007	1,236	855	73.7	8	Feb 13, 2023	J-GAAP
Dec, 2023	12,882	386	455	304	26.2	10	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	12,000	250	300	200	17.2	5	May 2, 2024	J-GAAP
YoY	-6.8%	-35.2%	-34.1%	-34.2%	-34.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	2,368	-51	-15	-27	-2.3	-2.2	Nov 2, 2023	J-GAAP
Oct - Dec, 2023	2,685	47	64	55	4.8	1.8	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	1,476	-138	-138	-129	-11.2	-9.3	May 2, 2024	J-GAAP
Apr - Jun, 2024	3,574	52	56	66	5.7	1.5	Aug 2, 2024	J-GAAP
Jul - Sep, 2024	3,312	63	118	86	7.5	1.9	Nov 8, 2024	J-GAAP
YoY	+39.9%	－	－	－	－