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KAWATA MFG, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 23%, Exceeds Full-Year Plan

Fri Jan 31, 2025 12:00 pm JST Earnings

6292 KAWATA MFG. CO., LTD. 【J-GAAP】

Earnings Report

KAWATA MFG. CO., LTD. <6292> [TSE Std] announced its financial results at noon (12:00) on January 31st. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 23.1% from the same period last year to 667 million yen. However, the progress rate toward the full-year plan of 660 million yen is 101.1%, already exceeding the target and also exceeding the five-year average of 69.8%.

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/loss for the January to March period (4Q) is expected to turn into a loss of 7 million yen (compared to a profit of 547 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 3.9 times that of the same period last year, reaching 378 million yen. The operating profit margin significantly improved from 2.5% in the same period last year to 6.8%.

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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 13,380 307 427 150 21.5 52.5 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 18,191 812 867 568 81.5 61.3 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 14,825 622 667 397 56.9 101.1 Jan 31, 2025 J-GAAP
YoY -18.5% -23.4% -23.1% -30.1% -30.2%

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 12,120 585 643 403 57.7 20.50 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 12,183 364 371 261 37.4 20.50 Oct 31, 2024 J-GAAP
YoY +0.5% -37.8% -42.3% -35.2% -35.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 18,826 638 813 351 50.3 41 May 11, 2023 J-GAAP
Mar, 2024 24,494 1,249 1,414 929 133.1 41 May 10, 2024 J-GAAP
Mar, 2025 Guidance 22,100 650 660 400 57.3 41 May 10, 2024 J-GAAP
YoY -9.8% -48.0% -53.3% -56.9% -56.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 5,817 148 96 42 6.0 2.5 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 6,303 437 547 361 51.7 6.9 May 10, 2024 J-GAAP
Apr - Jun, 2024 4,752 124 249 145 20.9 2.6 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 5,165 162 40 -6 -0.9 3.1 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 4,908 336 378 258 37.0 6.8 Jan 31, 2025 J-GAAP
YoY -15.6% +127.0% +293.8% +514.3% +514.3%

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