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TAOKA CHEMICAL, The Current Fiscal Year Ordinary Profit Revised Upward by 10%, Dividend Revised Upward by 6 yen

Fri Jan 31, 2025 3:00 pm JST Earnings

4113 TAOKA CHEMICAL COMPANY, LIMITED 【J-GAAP】

Earnings Report

TAOKA CHEMICAL COMPANY, LIMITED <4113> [TSE Std] announced its financial results in the afternoon session on January 31st (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 1.46 billion yen, an increase 66.0% compared to the same period last year.

In addition, the full-year consolidated ordinary profit has been revised upward 10.0%, from the previous forecast of 1.5 billion yen to 1.65 billion yen (compared to 1.14 billion yen in the previous period), increasing the growth rate from 31.5% to 44.6%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) is expected to increase 27.2%, from the previous forecast of 0.55 billion yen to 0.7 billion yen (compared to 0.52 billion yen in the same period of the previous year), increasing the growth rate from 6.0% to 34.7%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 21 yen to 27 yen (compared to 18 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 96.6% from the same period last year, reaching 0.52 billion yen. The operating profit margin improved from 3.9% 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 22,857 520 534 360 25.2 116.8 Jan 30, 2023 J-GAAP
Apr - Dec, 2023 21,492 833 885 628 43.8 77.5 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 22,382 1,399 1,469 1,086 75.8 89.0 Jan 31, 2025 J-GAAP
YoY +4.1% +67.9% +66.0% +72.9% +73.1%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 14,938 552 552 412 28.8 12 Oct 29, 2024 J-GAAP
Oct - Mar, 2024 New 14,938 702 702 562 39.2 18 Jan 31, 2025 J-GAAP
Revision Rate 0.0% +27.2% +27.2% +36.4% +36.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 30,000 1,450 1,500 1,050 73.3 21 Oct 29, 2024 J-GAAP
Mar, 2025 New 30,000 1,600 1,650 1,200 83.8 27 Jan 31, 2025 J-GAAP
Revision Rate 0.0% +10.3% +10.0% +14.3% +14.3%

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 13,732 502 522 360 25.1 9 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 14,938 702 702 562 39.2 18 Jan 31, 2025 J-GAAP
YoY +8.8% +39.8% +34.5% +56.1% +56.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 30,166 451 457 310 21.7 27 May 12, 2023 J-GAAP
Mar, 2024 28,544 1,075 1,142 820 57.3 18 May 14, 2024 J-GAAP
Mar, 2025 Guidance 30,000 1,600 1,650 1,200 83.8 27 Jan 31, 2025 J-GAAP
YoY +5.1% +48.8% +44.5% +46.3% +46.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 6,680 260 265 168 11.7 3.9 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 7,052 242 257 192 13.4 3.4 May 14, 2024 J-GAAP
Apr - Jun, 2024 7,598 511 552 406 28.3 6.7 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 7,464 387 396 232 16.2 5.2 Oct 29, 2024 J-GAAP
Oct - Dec, 2024 7,320 501 521 448 31.3 6.8 Jan 31, 2025 J-GAAP
YoY +9.6% +92.7% +96.6% +166.7% +166.9%

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