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KING, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 12%

Mon Feb 3, 2025 3:30 pm JST Earnings

8118 KING CO.,Ltd. 【J-GAAP】

Earnings Report

KING CO.,Ltd. <8118> [TSE Std] announced its financial results after the market closed on February 3rd (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 12.0% from the same period last year to 0.72 billion yen. The progress rate toward the full-year plan of 1.18 billion yen was 61.1%, also falling below the five-year average of 76.1%.

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 expand 90.5% from the same period last year, reaching 0.45 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 3.1% from the same period last year, reaching 0.33 billion yen. However, the operating profit margin decreased from 13.9% in the same period last year to 13.4%.

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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 6,088 762 814 546 32.6 72.1 Feb 3, 2023 J-GAAP
Apr - Dec, 2023 6,217 753 819 431 26.6 77.3 Feb 5, 2024 J-GAAP
Apr - Dec, 2024 6,101 638 721 583 36.5 61.1 Feb 3, 2025 J-GAAP
YoY -1.9% -15.3% -12.0% +35.3% +37.2%

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 4,477 539 568 205 12.7 18 May 7, 2024 J-GAAP
Oct - Mar, 2024 Guidance 4,824 780 796 425 26.6 18 Nov 5, 2024 J-GAAP
YoY +7.8% +44.7% +40.1% +107.3% +109.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 8,422 1,073 1,129 755 45.3 17 May 8, 2023 J-GAAP
Mar, 2024 8,548 993 1,060 533 33.0 18 May 7, 2024 J-GAAP
Mar, 2025 Guidance 8,700 1,120 1,180 780 48.8 18 May 7, 2024 J-GAAP
YoY +1.8% +12.8% +11.3% +46.3% +47.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 2,146 299 327 103 6.4 13.9 Feb 5, 2024 J-GAAP
Jan - Mar, 2024 2,331 240 241 102 6.3 10.3 May 7, 2024 J-GAAP
Apr - Jun, 2024 1,880 217 257 153 9.6 11.5 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 1,996 123 127 202 12.6 6.2 Nov 5, 2024 J-GAAP
Oct - Dec, 2024 2,225 298 337 228 14.3 13.4 Feb 3, 2025 J-GAAP
YoY +3.7% -0.3% +3.1% +121.4% +124.5%

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