TOKYO OHKA KOGYO CO., LTD., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 45%, July-September Ordinary Profit Increases by 2.1 times

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.

Tue Nov 12, 2024 3:30 pm JST Earnings

4186 TOKYO OHKA KOGYO CO., LTD. 【J-GAAP】

Earnings Report

TOKYO OHKA KOGYO CO., LTD. <4186> [TSE-P] announced its financial results after the market closed on November 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) expanded to 24 billion yen, an increase of 44.9% compared to the same period last year. The progress rate against the 30.4 billion yen full-year plan was 79.1%, also surpassing the five-year average of 71.8%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to decrease by 17.0% from the same period last year to 6.36 billion yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit surged to 2.1 times that of the same period last year, reaching 9.92 billion yen. The operating profit margin jumped from 11.1% in the same period last year to 18.9%.

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	130,463	22,665	23,572	15,215	126.1	76.1	Nov 10, 2022	J-GAAP
Jan - Sep, 2023	118,620	15,446	16,589	7,520	62.2	68.4	Nov 10, 2023	J-GAAP
Jan - Sep, 2024	146,547	23,243	24,034	15,636	129.1	79.1	Nov 12, 2024	J-GAAP
YoY	+23.5%	+50.5%	+44.9%	+107.9%	+107.6%

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	84,596	11,802	12,454	7,357	60.8	28.67	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	98,664	15,857	16,290	10,657	88.4	29	Aug 6, 2024	J-GAAP
YoY	+16.6%	+34.4%	+30.8%	+44.9%	+45.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	175,434	30,181	30,966	19,693	163.2	53.33	Feb 13, 2023	J-GAAP
Dec, 2023	162,270	22,706	24,260	12,712	105.1	56	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	193,400	29,300	30,400	19,800	164.3	58	Jul 26, 2024	J-GAAP
YoY	+19.2%	+29.0%	+25.3%	+55.8%	+56.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	40,946	4,542	4,783	2,165	17.9	11.1	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	43,650	7,260	7,671	5,192	42.9	16.6	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	45,017	5,793	6,039	3,599	29.7	12.9	May 13, 2024	J-GAAP
Apr - Jun, 2024	49,719	7,650	8,071	5,544	45.8	15.4	Aug 6, 2024	J-GAAP
Jul - Sep, 2024	51,811	9,800	9,924	6,493	53.6	18.9	Nov 12, 2024	J-GAAP
YoY	+26.5%	+115.8%	+107.5%	+199.9%	+199.4%