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Sakai Chemical, The Current Fiscal Year Ordinary Profit Revised Upward by 15%, Dividend Revised Upward by 10 yen

Fri Feb 7, 2025 3:00 pm JST Earnings

4078 Sakai Chemical Industry Co.,Ltd. 【J-GAAP】

Earnings Report

Sakai Chemical Industry Co.,Ltd. <4078> [TSE Prime] announced its financial results in the afternoon session on February 7th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) surged 2.8 times that of the same period last year, reaching 4.97 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward 15.4%, from the previous forecast of 5.2 billion yen to 6 billion yen (compared to 3.06 billion yen in the previous period), increasing the growth rate from 69.6% to 95.7%.

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 31.2%, from the previous forecast of 2.56 billion yen to 3.36 billion yen (compared to 2.18 billion yen in the same period of the previous year), increasing the growth rate from 17.7% to 54.4%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 125 yen to 135 yen (compared to 70 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 2.6 times that of the same period last year, reaching 2.33 billion yen. The operating profit margin drastically improved from 3.9% in the same period last year to 9.5%.

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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 63,759 4,182 4,689 3,363 207.8 96.6 Feb 7, 2023 J-GAAP
Apr - Dec, 2023 60,755 1,705 1,777 -7,469 -461.0 58.0 Feb 9, 2024 J-GAAP
Apr - Dec, 2024 63,567 4,679 4,970 3,726 229.8 82.8 Feb 7, 2025 J-GAAP
YoY +4.6% +174.4% +179.7% － －

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 44,832 2,774 2,567 2,554 157.5 62.50 Nov 8, 2024 J-GAAP
Oct - Mar, 2024 New 41,832 3,074 3,367 3,354 206.8 72.50 Feb 7, 2025 J-GAAP
Revision Rate -6.7% +10.8% +31.2% +31.3% +31.3%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 87,000 5,400 5,200 4,300 265.1 125 May 13, 2024 J-GAAP
Mar, 2025 New 84,000 5,700 6,000 5,100 314.5 135 Feb 7, 2025 J-GAAP
Revision Rate -3.4% +5.6% +15.4% +18.6% +18.6%

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 41,634 2,025 2,181 -5,059 -312.2 35 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 41,832 3,074 3,367 3,354 206.8 72.50 Feb 7, 2025 J-GAAP
YoY +0.5% +51.8% +54.4% － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 83,861 4,407 4,854 2,344 144.9 75 May 12, 2023 J-GAAP
Mar, 2024 82,105 2,942 3,066 -7,092 -437.7 70 May 13, 2024 J-GAAP
Mar, 2025 Guidance 84,000 5,700 6,000 5,100 314.5 135 Feb 7, 2025 J-GAAP
YoY +2.3% +93.7% +95.7% － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 20,284 788 892 -5,436 -335.5 3.9 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 21,350 1,237 1,289 377 23.3 5.8 May 13, 2024 J-GAAP
Apr - Jun, 2024 21,869 1,596 1,860 1,425 87.9 7.3 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 20,299 1,030 773 321 19.8 5.1 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 21,399 2,053 2,337 1,980 122.1 9.6 Feb 7, 2025 J-GAAP
YoY +5.5% +160.5% +162.0% － －

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