KITAGAWA SEIKI CO.,LTD., July-September (1Q) Ordinary Profit Turns to Loss

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Fri Nov 8, 2024 3:35 pm JST Earnings

6327 KITAGAWA SEIKI CO.,LTD. 【J-GAAP】

Earnings Report

KITAGAWA SEIKI CO.,LTD. <6327> [TSE-S] announced its financial results after the market closed on November 8th (15:35). The consolidated ordinary profit/loss for the first quarter of the fiscal year ending June 2025 (July to September) turned into a loss of 163 million yen (compared to a profit of 315 million yen in the same period last year).

In the most recent three-month period, from July to September (1Q), the operating profit/loss margin drastically worsened from 17.5% in the same period last year to -33.4%.

Kabutan News

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	1,244	54	82	70	9.9	45.1	Nov 4, 2022	J-GAAP
Jul - Sep, 2023	1,696	297	315	268	37.8	70.6	Nov 10, 2023	J-GAAP
Jul - Sep, 2024	341	-114	-163	-115	-14.2	ー	Nov 8, 2024	J-GAAP
YoY	-79.9%	－	－	－	－

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	3,317	451	446	374	52.7	0	Feb 9, 2024	J-GAAP
Jul - Dec, 2024 Guidance	2,200	110	100	60	7.4	0	Aug 19, 2024	J-GAAP
YoY	-33.7%	-75.6%	-77.6%	-84.0%	-86.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun, 2023	6,462	735	804	702	99.2	8	Aug 18, 2023	J-GAAP
Jun, 2024	5,933	815	851	632	85.1	10	Aug 19, 2024	J-GAAP
Jun, 2025 Guidance	6,000	500	490	330	40.5	10	Aug 19, 2024	J-GAAP
YoY	+1.1%	-38.7%	-42.4%	-47.8%	-52.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,696	297	315	268	37.8	17.5	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	1,621	154	131	106	14.9	9.5	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	946	37	55	52	7.2	3.9	May 10, 2024	J-GAAP
Apr - Jun, 2024	1,670	327	350	206	27.7	19.6	Aug 19, 2024	J-GAAP
Jul - Sep, 2024	341	-114	-163	-115	-14.2	-33.4	Nov 8, 2024	J-GAAP
YoY	-79.9%	－	－	－	－