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KOHOKU KOGYO, 8% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 7 yen, Plan to Continue the 30 yen Policy This Fiscal Year as Well

Wed Feb 12, 2025 3:30 pm JST Earnings

6524 KOHOKU KOGYO CO.,LTD. 【J-GAAP】

Earnings Report

KOHOKU KOGYO CO.,LTD. <6524> [TSE Std] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 expanded 54.1% from the previous period to 4.85 billion yen. However, for the fiscal year ending December 2025, the profit is expected to decrease by 7.9% from the previous period to 4.47 billion yen.

At the same time, the company increased the annual dividend for the previous term from 23 yen to 30 yen (compared to 60 yen before the 3-for-1 forward stock split in the previous term), and has decided to continue with a dividend of 30 yen for the current term as well.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit surged 8.5 times that of the same period last year, reaching 1.53 billion yen. The operating profit margin rose from 16.6% in the same period last year to 20.2%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 15,673 3,884 4,443 3,066 115.4 18.33 Feb 9, 2023 J-GAAP
Dec, 2023 13,472 2,812 3,152 1,904 70.6 20 Feb 8, 2024 J-GAAP
Dec, 2024 15,924 3,939 4,856 3,252 120.5 30 Feb 12, 2025 J-GAAP
YoY +18.2% +40.1% +54.1% +70.8% +70.8%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 16,376 4,098 4,637 3,045 112.8 23 Aug 8, 2024 J-GAAP
Dec, 2024 Results 15,924 3,939 4,856 3,252 120.5 30 Feb 12, 2025 J-GAAP
Revision Rate -2.8% -3.9% +4.7% +6.8% +6.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 7,707 1,788 2,753 1,791 66.4 0 Aug 8, 2024 J-GAAP
Jan - Jun, 2025 Guidance 8,344 1,920 1,623 1,082 41.8 0 Feb 12, 2025 J-GAAP
YoY +8.3% +7.4% -41.0% -39.6% -37.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 13,472 2,812 3,152 1,904 70.6 20 Feb 8, 2024 J-GAAP
Dec, 2024 15,924 3,939 4,856 3,252 120.5 30 Feb 12, 2025 J-GAAP
Dec, 2025 Guidance 17,919 4,586 4,474 3,006 116.0 30 Feb 12, 2025 J-GAAP
YoY +12.5% +16.4% -7.9% -7.6% -3.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 3,117 517 179 181 6.7 16.6 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 3,413 635 1,130 724 26.9 18.6 May 9, 2024 J-GAAP
Apr - Jun, 2024 4,294 1,153 1,623 1,067 39.5 26.9 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 4,430 1,386 573 433 16.1 31.3 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 3,787 765 1,530 1,028 38.1 20.2 Feb 12, 2025 J-GAAP
YoY +21.5% +48.0% +754.7% +468.0% +467.7%

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