KIBUN FOODS INC., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Loss Narrows

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 4:00 pm JST Earnings

2933 KIBUN FOODS INC. 【J-GAAP】

Earnings Report

KIBUN FOODS INC. <2933> [TSE-P] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 440 million yen (compared to a loss of 69 million yen in the same period last year). The progress rate against the 4.22 billion yen full-year plan was 10.4%.

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 decrease by 15.5% from the same period last year to 3.78 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary loss improved to a deficit of loss of 19 million yen (compared to a loss of 44 million yen in the same period last year). The operating profit margin improved from 0.0% in the same period last year to 0.4%.

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	46,788	-786	-749	-1,332	-58.4	ー	Nov 14, 2022	J-GAAP
Apr - Sep, 2023	47,365	108	-69	-658	-28.8	ー	Nov 14, 2023	J-GAAP
Apr - Sep, 2024	47,759	546	440	-55	-2.5	10.4	Nov 14, 2024	J-GAAP
YoY	+0.8%	+405.6%	－	+91.6%	+91.5%

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	ー	ー	ー	ー	－	0	May 14, 2024	J-GAAP
Apr - Sep, 2024 Results	47,759	546	440	-55	-2.5	0	Nov 14, 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	59,319	4,533	4,473	3,494	153.1	17	May 14, 2024	J-GAAP
Oct - Mar, 2024 Guidance	63,192	4,181	3,781	2,910	127.5	20	Nov 14, 2024	J-GAAP
YoY	+6.5%	-7.8%	-15.5%	-16.7%	-16.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	105,691	2,022	1,760	442	19.4	16	May 12, 2023	J-GAAP
Mar, 2024	106,684	4,641	4,404	2,836	124.2	17	May 14, 2024	J-GAAP
Mar, 2025 Guidance	110,951	4,727	4,221	2,855	125.1	20	May 14, 2024	J-GAAP
YoY	+4.0%	+1.9%	-4.2%	+0.7%	+0.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	23,681	4	-44	-403	-17.7	0.0	Nov 14, 2023	J-GAAP
Oct - Dec, 2023	34,698	3,761	3,831	3,201	140.3	10.8	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	24,621	772	642	293	12.8	3.1	May 14, 2024	J-GAAP
Apr - Jun, 2024	23,111	451	459	231	10.2	2.0	Aug 13, 2024	J-GAAP
Jul - Sep, 2024	24,648	95	-19	-286	-12.7	0.4	Nov 14, 2024	J-GAAP
YoY	+4.1%	+2,275.0%	+56.8%	+29.0%	+27.9%