KPP GROUP HOLDINGS CO., LTD., First Half Ordinary Profit Decreases by 26%, Current Fiscal Year Dividend Revised Upward by 4 yen

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.

Thu Nov 14, 2024 8:00 am JST Earnings

9274 KPP GROUP HOLDINGS CO., LTD. 【J-GAAP】

Earnings Report

KPP GROUP HOLDINGS CO., LTD. <9274> [TSE-P] announced its financial results in the morning on November 14th (08:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 25.8% from the same period last year to 4.45 billion yen. The progress rate against the 13.5 billion yen full-year plan was 33.0%, also falling below the five-year average of 49.0%.

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 expand by 39.9% from the same period last year, reaching 9.04 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 28 yen to 32 yen (compared to 22 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 2.21 billion yen, a 18.2% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 2.0% in the same period last year to 2.1%.

Kabutan News

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	320,699	12,360	11,128	9,247	128.7	60.5	Nov 14, 2022	J-GAAP
Apr - Sep, 2023	320,681	7,133	6,012	4,710	65.7	48.2	Nov 14, 2023	J-GAAP
Apr - Sep, 2024	333,943	6,578	4,459	3,251	47.3	33.0	Nov 14, 2024	J-GAAP
YoY	+4.1%	-7.8%	-25.8%	-31.0%	-27.9%

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	ー	ー	ー	ー	－	16	May 14, 2024	J-GAAP
Apr - Sep, 2024 Results	333,943	6,578	4,459	3,251	47.3	16	Nov 14, 2024	J-GAAP
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	655,000	16,500	13,500	11,000	164.3	28	May 14, 2024	J-GAAP
Mar, 2025 New	655,000	16,500	13,500	11,000	164.3	32	Nov 14, 2024	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	0.0%

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	323,754	8,686	6,463	5,903	83.0	11	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	321,057	9,922	9,041	7,749	115.7	16	Nov 14, 2024	J-GAAP
YoY	-0.8%	+14.2%	+39.9%	+31.3%	+39.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	659,656	20,401	18,404	15,722	219.1	20	May 15, 2023	J-GAAP
Mar, 2024	644,435	15,819	12,475	10,613	149.2	22	May 14, 2024	J-GAAP
Mar, 2025 Guidance	655,000	16,500	13,500	11,000	164.3	32	Nov 14, 2024	J-GAAP
YoY	+1.6%	+4.3%	+8.2%	+3.6%	+10.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	159,971	3,211	2,702	2,050	28.6	2.0	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	162,500	2,699	1,688	1,096	15.3	1.7	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	161,254	5,987	4,775	4,807	67.6	3.7	May 14, 2024	J-GAAP
Apr - Jun, 2024	162,452	2,986	2,248	1,649	24.0	1.8	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	171,491	3,592	2,211	1,602	23.3	2.1	Nov 14, 2024	J-GAAP
YoY	+7.2%	+11.9%	-18.2%	-21.9%	-18.4%