Kin-Ei Corp, Feb-Oct (Third Quarter Cumulative) Ordinary Profit Increases by 8%, Aug-Oct Ordinary Profit Increases by 34%

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.

Fri Dec 13, 2024 3:30 pm JST Earnings

9636 Kin-Ei Corp. 【J-GAAP】

Earnings Report

Kin-Ei Corp. <9636> [TSE Std] announced its financial results after the market closed on December 13th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending January 2025 (February to October) increased 8.3% from the same period last year, reaching 249 million yen. The progress rate toward the full-year plan of 250 million yen was 99.6%, also surpassing the five-year average of 86.9%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the November to January period (4Q) is expected to significant drop 95.8% from the same period last year to 1 million yen.

In the most recent three-month period, from August to October (3Q), the ordinary profit increased 34.5% from the same period last year, reaching 78 million yen. The operating profit margin improved from 6.8% in the same period last year to 7.8%.

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
Feb - Oct, 2022	2,488	149	154	120	43.4	84.2	Dec 14, 2022	J-GAAP
Feb - Oct, 2023	2,706	231	230	151	54.3	90.6	Dec 13, 2023	J-GAAP
Feb - Oct, 2024	2,707	240	249	165	59.4	99.6	Dec 13, 2024	J-GAAP
YoY	+0.0%	+3.9%	+8.3%	+9.3%	+9.4%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug - Jan, 2023	1,737	83	82	37	13.4	10	Mar 15, 2024	J-GAAP
Aug - Jan, 2024 Guidance	1,725	71	79	38	13.6	10	Sep 5, 2024	J-GAAP
YoY	-0.7%	-14.5%	-3.7%	+2.7%	+2.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2023	3,344	174	183	124	44.7	10	Mar 14, 2023	J-GAAP
Jan, 2024	3,570	255	254	154	55.6	10	Mar 15, 2024	J-GAAP
Jan, 2025 Guidance	3,520	240	250	155	55.6	10	Sep 5, 2024	J-GAAP
YoY	-1.4%	-5.9%	-1.6%	+0.6%	+0.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Aug - Oct, 2023	873	59	58	34	12.2	6.8	Dec 13, 2023	J-GAAP
Nov - Jan, 2023	864	24	24	3	1.1	2.8	Mar 15, 2024	J-GAAP
Feb - Apr, 2024	960	122	124	86	30.9	12.7	Jun 14, 2024	J-GAAP
May - Jul, 2024	835	47	47	31	11.1	5.6	Sep 9, 2024	J-GAAP
Aug - Oct, 2024	912	71	78	48	17.3	7.8	Dec 13, 2024	J-GAAP
YoY	+4.5%	+20.3%	+34.5%	+41.2%	+41.4%