KYORITSU AIR TECH, 13% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend

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 3:10 pm JST Earnings

5997 KYORITSU AIR TECH INC. 【J-GAAP】

Earnings Report

KYORITSU AIR TECH INC. <5997> [TSE Std] announced its financial results in the afternoon session on February 13th (15:10). The consolidated ordinary profit for the fiscal year ending December 2024 decreased 1.6% from the previous period to 727 million yen. In the fiscal year ending December 2025, the profit is expected to decrease by 13.3% from the previous period to 630 million yen.

At the same time, the company increased the annual dividend for the previous term from 15 yen to 20 yen (compared to 20 yen in the prior term), and has decided to reduce the dividend this fiscal year to 15 yen, a decrease of 5 yen from the previous fiscal year.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit increased 34.5% from the same period last year, reaching 273 million yen. The operating profit margin improved from 5.5% in the same period last year to 7.4%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	10,596	503	563	363	75.7	15	Feb 13, 2023	J-GAAP
Dec, 2023	11,896	692	739	488	101.6	20	Feb 14, 2024	J-GAAP
Dec, 2024	11,732	684	727	498	103.6	20	Feb 13, 2025	J-GAAP
YoY	-1.4%	-1.2%	-1.6%	+2.0%	+2.0%

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	11,200	650	674	470	97.6	15	Feb 14, 2024	J-GAAP
Dec, 2024 Results	11,732	684	727	498	103.6	20	Feb 13, 2025	J-GAAP
Revision Rate	+4.8%	+5.2%	+7.9%	+6.0%	+6.2%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan - Jun, 2024	5,427	327	342	237	49.5	0	Aug 9, 2024	J-GAAP
Jan - Jun, 2025 Guidance	ー	ー	ー	ー	－	0	Feb 13, 2025	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	11,896	692	739	488	101.6	20	Feb 14, 2024	J-GAAP
Dec, 2024	11,732	684	727	498	103.6	20	Feb 13, 2025	J-GAAP
Dec, 2025 Guidance	11,700	620	630	430	89.3	15	Feb 13, 2025	J-GAAP
YoY	-0.3%	-9.4%	-13.3%	-13.7%	-13.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	3,446	191	203	134	27.9	5.5	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	2,830	216	223	160	33.4	7.6	May 13, 2024	J-GAAP
Apr - Jun, 2024	2,597	111	119	77	16.1	4.3	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	2,787	98	112	73	15.2	3.5	Nov 12, 2024	J-GAAP
Oct - Dec, 2024	3,518	259	273	188	39.1	7.4	Feb 13, 2025	J-GAAP
YoY	+2.1%	+35.6%	+34.5%	+40.3%	+40.2%