Kanadevia, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 35%, Oct-Dec Ordinary Profit Decreases by 27%

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.

Wed Feb 5, 2025 3:30 pm JST Earnings

7004 Kanadevia Corporation 【J-GAAP】

Earnings Report

Kanadevia Corporation <7004> [TSE Prime] announced its financial results after the market closed on February 5th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) dropped 35.3% from the same period last year to 5.91 billion yen. The progress rate toward the full-year plan of 22 billion yen was 26.9%, which was higher than the five-year average of 20.1%.

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 decrease 2.5% from the same period last year to 16 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 5.27 billion yen, a 27.1% decrease compared to the same period last year. The operating profit margin worsened from 6.0% in the same period last year to 4.6%.

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	331,403	5,824	3,524	2,501	14.8	19.8	Feb 6, 2023	J-GAAP
Apr - Dec, 2023	372,317	9,511	9,147	5,958	35.4	35.7	Feb 5, 2024	J-GAAP
Apr - Dec, 2024	413,432	9,746	5,917	5,393	32.0	26.9	Feb 5, 2025	J-GAAP
YoY	+11.0%	+2.5%	-35.3%	-9.5%	-9.4%

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	323,652	23,207	23,736	18,649	110.7	23	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	320,040	22,837	21,361	19,139	113.8	23	Nov 7, 2024	J-GAAP
YoY	-1.1%	-1.6%	-10.0%	+2.6%	+2.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	492,692	20,056	17,834	15,577	92.4	18	May 12, 2023	J-GAAP
Mar, 2024	555,844	24,323	25,646	18,999	112.7	23	May 10, 2024	J-GAAP
Mar, 2025 Guidance	590,000	26,000	22,000	18,000	107.0	23	Nov 7, 2024	J-GAAP
YoY	+6.1%	+6.9%	-14.2%	-5.3%	-5.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	140,125	8,395	7,237	5,608	33.3	6.0	Feb 5, 2024	J-GAAP
Jan - Mar, 2024	183,527	14,812	16,499	13,041	77.4	8.1	May 10, 2024	J-GAAP
Apr - Jun, 2024	121,563	-878	-2,062	-2,813	-16.7	-0.7	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	148,397	4,041	2,701	1,674	10.0	2.7	Nov 7, 2024	J-GAAP
Oct - Dec, 2024	143,472	6,583	5,278	6,532	38.8	4.6	Feb 5, 2025	J-GAAP
YoY	+2.4%	-21.6%	-27.1%	+16.5%	+16.6%