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KODAMA CHEMICAL INDUSTRY CO.,LTD., July-September (2Q) Ordinary Profit Decreases by 71%

Mon Nov 11, 2024 5:00 pm JST Earnings

4222 KODAMA CHEMICAL INDUSTRY CO.,LTD. 【J-GAAP】

Earnings Report

KODAMA CHEMICAL INDUSTRY CO.,LTD. <4222> [TSE-S] announced its financial results after the market closed on November 11th (17:00). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was a reduced loss of 5 million yen (compared to a loss of 64 million yen in the same period last year).

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 surge by 3.7 times that of the same period last year, reaching 325 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 2 million yen, a 71.4% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 0.5% in the same period last year to 0.6%.

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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 7,721 141 97 -33 -6.9 22.5 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 7,350 39 -64 -190 -27.0 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 7,780 34 -5 -128 -19.0 Nov 11, 2024 J-GAAP
YoY +5.9% -12.8% +92.2% +32.6% +29.5%

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 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 7,780 34 -5 -128 -19.0 Nov 11, 2024 J-GAAP
Revision Rate

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 7,346 126 88 -53 -8.0 0 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 7,620 426 325 328 42.1 Nov 11, 2024 J-GAAP
YoY +3.7% +238.1% +269.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 15,389 381 432 189 19.2 0 May 12, 2023 J-GAAP
Mar, 2024 14,696 165 24 -243 -36.4 0 May 15, 2024 J-GAAP
Mar, 2025 Guidance 15,400 460 320 200 25.7 May 15, 2024 J-GAAP
YoY +4.8% +178.8% +1,233.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 3,618 19 7 -43 -6.1 0.5 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 3,762 79 72 13 2.0 2.1 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 3,584 47 16 -66 -9.9 1.3 May 15, 2024 J-GAAP
Apr - Jun, 2024 3,857 10 -7 -83 -12.0 0.3 Sep 6, 2024 J-GAAP
Jul - Sep, 2024 3,923 24 2 -45 -6.7 0.6 Nov 11, 2024 J-GAAP
YoY +8.4% +26.3% -71.4% -4.7% -9.5%

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