KITZ, 2% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term, Increased Previous Year's Dividend by 5 yen, Plan to Continue the 46 yen Policy This Fiscal Year as Well

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.

Thu Feb 13, 2025 2:30 pm JST Earnings

6498 KITZ CORPORATION 【J-GAAP】

Earnings Report

KITZ CORPORATION <6498> [TSE Prime] announced its financial results in the afternoon session on February 13th (14:30). The consolidated ordinary profit for the fiscal year ending December 2024 increased 5.7% from the previous period to 15.2 billion yen. In the fiscal year ending December 2025, the profit is expected to grow by 2.1% to 15.6 billion yen, marking the fourth consecutive term of record-high profits. This will be the fourth consecutive term of revenue and profit growth.

At the same time, the company increased the annual dividend for the previous term from 41 yen to 46 yen (compared to 41 yen in the prior term), and has decided to continue with a dividend of 46 yen for the current term as well.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit increased 31.0% from the same period last year, reaching 3.83 billion yen. The operating profit margin improved from 6.8% in the same period last year to 7.5%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	159,914	11,051	12,045	8,549	95.4	33	Feb 13, 2023	J-GAAP
Dec, 2023	166,941	13,687	14,452	10,591	118.1	41	Feb 13, 2024	J-GAAP
Dec, 2024	172,042	14,220	15,276	11,824	132.6	46	Feb 13, 2025	J-GAAP
YoY	+3.1%	+3.9%	+5.7%	+11.6%	+12.3%

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	170,000	14,500	14,800	10,600	121.9	41	Feb 13, 2024	J-GAAP
Dec, 2024 Results	172,042	14,220	15,276	11,824	132.6	46	Feb 13, 2025	J-GAAP
Revision Rate	+1.2%	-1.9%	+3.2%	+11.5%	+8.8%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan - Jun, 2024	83,797	6,508	7,347	5,420	60.4	19	Aug 2, 2024	J-GAAP
Jan - Jun, 2025 Guidance	86,100	6,600	7,100	5,000	57.5	19	Feb 13, 2025	J-GAAP
YoY	+2.7%	+1.4%	-3.4%	-7.7%	-4.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	166,941	13,687	14,452	10,591	118.1	41	Feb 13, 2024	J-GAAP
Dec, 2024	172,042	14,220	15,276	11,824	132.6	46	Feb 13, 2025	J-GAAP
Dec, 2025 Guidance	180,000	15,000	15,600	11,200	128.8	46	Feb 13, 2025	J-GAAP
YoY	+4.6%	+5.5%	+2.1%	-5.3%	-2.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	43,583	2,985	2,924	2,064	23.0	6.8	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	40,211	2,812	3,340	2,507	28.0	7.0	May 13, 2024	J-GAAP
Apr - Jun, 2024	43,586	3,696	4,007	2,913	32.5	8.5	Aug 2, 2024	J-GAAP
Jul - Sep, 2024	43,498	4,334	4,098	3,594	40.1	10.0	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	44,747	3,378	3,831	2,810	31.5	7.5	Feb 13, 2025	J-GAAP
YoY	+2.7%	+13.2%	+31.0%	+36.1%	+37.0%