YKT, Last Fiscal Year Ordinary Profit Revised Upward by 2.0 times

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Wed Feb 5, 2025 3:30 pm JST Revision

2693 YKT CORPORATION 【J-GAAP】

Guidance Update Report

YKT CORPORATION <2693> [TSE Std] announced a performance revision after the market closed on February 5th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 has been revised upward 2.0 times, from the previous forecast of 70 million yen to 140 million yen (compared to 455 million yen in the previous period), and the declining rate is expected to decrease from 84.6% to 69.2%. However, the full-year consolidated net income/loss has been revised downward from an expected profit of 20 million yen to a loss of 1 million yen (compared to a profit of 304 million yen in the previous period), turning to a loss outlook.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the July to December period (2H) consolidated ordinary profit is expected to increase 46.1%, from the previous forecast of 152 million yen to 222 million yen (compared to 49 million yen in the same period of the previous year), increasing the growth rate from 3.1 times to 4.5 times.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2024 Prev	5,650	26	152	83	7.1	5	Dec 13, 2024	J-GAAP
Jul - Dec, 2024 New	6,850	76	222	62	5.6	5	Feb 5, 2025	J-GAAP
Revision Rate	+21.2%	+192.3%	+46.1%	-25.3%	-21.8%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Prev	10,700	-60	70	20	1.7	5	Dec 13, 2024	J-GAAP
Dec, 2024 New	11,900	-10	140	-1	-0.1	5	Feb 5, 2025	J-GAAP
Revision Rate	+11.2%	+83.3%	+100.0%	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	5,053	-4	49	28	2.4	10	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	6,850	76	222	62	5.6	5	Feb 5, 2025	J-GAAP
YoY	+35.6%	－	+353.1%	+121.4%	+130.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	22,079	1,007	1,236	855	73.7	8	Feb 13, 2023	J-GAAP
Dec, 2023	12,882	386	455	304	26.2	10	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	11,900	-10	140	-1	-0.1	5	Feb 5, 2025	J-GAAP
YoY	-7.6%	－	-69.2%	－	－