kabutan

Canon Marketing Japan, 5% Increase in Ordinary Profit, Update Record High for Fifth Consecutive Term, Increased Previous Year's Dividend by 10 yen, This Fiscal Year to Increase Dividend by 10 yen

Wed Jan 29, 2025 3:30 pm JST Earnings

8060 Canon Marketing Japan Inc. 【J-GAAP】

Earnings Report

Canon Marketing Japan Inc. <8060> [TSE Prime] announced its financial results after the market closed on January 29th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 increased 1.5% from the previous period to 54.3 billion yen. In the fiscal year ending December 2025, the profit is expected to grow by 4.8% to 57 billion yen, marking the fifth consecutive term of record-high profits. This will be the fifth consecutive term of revenue and the seventh consecutive term of profit growth.

At the same time, the company increased the annual dividend for the previous term from 130 yen to 140 yen (compared to 120 yen in the prior term), and has decided to increase the dividend this fiscal year to 150 yen, an increase of 10 yen from the previous fiscal year.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit grew 13.9% from the same period last year, reaching 17.1 billion yen. The operating profit margin improved from 9.0% in the same period last year to 9.3%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 588,132 49,947 50,991 35,552 274.2 90 Jan 27, 2023 J-GAAP
Dec, 2023 609,473 52,495 53,585 36,493 281.4 120 Jan 29, 2024 J-GAAP
Dec, 2024 653,919 53,123 54,393 39,315 319.8 140 Jan 29, 2025 J-GAAP
YoY +7.3% +1.2% +1.5% +7.7% +13.6%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 650,000 54,000 55,000 39,000 358.1 130 Oct 23, 2024 J-GAAP
Dec, 2024 Results 653,919 53,123 54,393 39,315 319.8 140 Jan 29, 2025 J-GAAP
Revision Rate +0.6% -1.6% -1.1% +0.8% -10.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 318,903 26,033 26,990 20,147 155.4 60 Jul 24, 2024 J-GAAP
Jan - Jun, 2025 Guidance ー ー ー ー － － Jan 29, 2025 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 609,473 52,495 53,585 36,493 281.4 120 Jan 29, 2024 J-GAAP
Dec, 2024 653,919 53,123 54,393 39,315 319.8 140 Jan 29, 2025 J-GAAP
Dec, 2025 Guidance 680,000 56,000 57,000 39,500 363.4 150 Jan 29, 2025 J-GAAP
YoY +4.0% +5.4% +4.8% +0.5% +13.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 164,923 14,813 15,046 10,639 82.0 9.0 Jan 29, 2024 J-GAAP
Jan - Mar, 2024 157,226 13,808 13,968 9,523 73.4 8.8 Apr 23, 2024 J-GAAP
Apr - Jun, 2024 161,677 12,225 13,022 10,624 81.9 7.6 Jul 24, 2024 J-GAAP
Jul - Sep, 2024 154,278 10,257 10,270 6,833 53.6 6.6 Oct 23, 2024 J-GAAP
Oct - Dec, 2024 180,738 16,833 17,133 12,335 100.3 9.3 Jan 29, 2025 J-GAAP
YoY +9.6% +13.6% +13.9% +15.9% +22.3%

Related Articles