KYOEI SANGYO, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 49%, Oct-Dec Ordinary Profit Decreases by 33%

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 Jan 30, 2025 3:30 pm JST Earnings

6973 KYOEI SANGYO CO.,LTD. 【J-GAAP】

Earnings Report

KYOEI SANGYO CO.,LTD. <6973> [TSE Std] announced its financial results after the market closed on January 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 49.4% from the same period last year to 0.66 billion yen. The progress rate toward the full-year plan of 1.1 billion yen was 60.8%, also falling below the five-year average of 69.1%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 3.9% from the same period last year, reaching 0.43 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.26 billion yen, a 32.8% decrease compared to the same period last year. However, the operating profit margin improved from 2.0% in the same period last year to 2.5%.

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
Apr - Dec, 2022	45,673	1,325	1,442	840	279.7	92.4	Jan 30, 2023	J-GAAP
Apr - Dec, 2023	47,097	1,140	1,322	828	275.5	76.1	Jan 30, 2024	J-GAAP
Apr - Dec, 2024	43,222	558	669	881	293.2	60.8	Jan 30, 2025	J-GAAP
YoY	-8.2%	-51.1%	-49.4%	+6.4%	+6.4%

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	30,160	829	808	667	222.0	55	May 13, 2024	J-GAAP
Oct - Mar, 2024 Guidance	28,732	690	695	522	173.5	55	Oct 30, 2024	J-GAAP
YoY	-4.7%	-16.8%	-14.0%	-21.7%	-21.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	60,545	1,471	1,560	432	144.0	70	May 12, 2023	J-GAAP
Mar, 2024	61,679	1,652	1,737	1,337	445.1	95	May 13, 2024	J-GAAP
Mar, 2025 Guidance	58,000	900	1,100	1,200	398.8	110	Oct 30, 2024	J-GAAP
YoY	-6.0%	-45.5%	-36.7%	-10.2%	-10.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	15,578	317	393	158	52.6	2.0	Jan 30, 2024	J-GAAP
Jan - Mar, 2024	14,582	512	415	509	169.4	3.5	May 13, 2024	J-GAAP
Apr - Jun, 2024	14,950	134	159	651	216.8	0.9	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	14,318	76	246	27	9.0	0.5	Oct 30, 2024	J-GAAP
Oct - Dec, 2024	13,954	348	264	203	67.6	2.5	Jan 30, 2025	J-GAAP
YoY	-10.4%	+9.8%	-32.8%	+28.5%	+28.5%