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Titan Kogyo, Apr-Dec (Cumulative 3Q) Ordinary Profit Turns to Profit, Exceeds Full-Year Plan

Fri Feb 14, 2025 3:00 pm JST Earnings

4098 Titan Kogyo, Ltd. 【J-GAAP】

Earnings Report

Titan Kogyo, Ltd. <4098> [TSE Std] announced its financial results in the afternoon session on February 14th (15:00). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 83 million yen (compared to a loss of 503 million yen in the same period last year). The progress rate toward the full-year plan of 60 million yen is 138.3%, already exceeding the target and also exceeding the five-year average of 68.7%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the January to March period (4Q) is expected to further decrease loss of 23 million yen (compared to a loss of 164 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 59 million yen (compared to a loss of 226 million yen in the same period last year). The operating profit/loss margin drastically improved from -15.9% in the same period last year to 3.6%.

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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 5,770 251 215 168 56.9 63.0 Feb 14, 2023 J-GAAP
Apr - Dec, 2023 5,438 -578 -503 -381 -128.8 ー Feb 14, 2024 J-GAAP
Apr - Dec, 2024 5,721 120 83 205 69.4 138.3 Feb 14, 2025 J-GAAP
YoY +5.2% － － － －

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 4,407 -449 -390 -1,488 -501.8 10 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 4,708 30 36 36 12.1 10 Nov 14, 2024 J-GAAP
YoY +6.8% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 8,070 385 341 322 109.1 20 May 15, 2023 J-GAAP
Mar, 2024 7,953 -726 -667 -1,680 -566.6 10 May 15, 2024 J-GAAP
Mar, 2025 Guidance 8,500 80 60 230 77.5 10 May 15, 2024 J-GAAP
YoY +6.9% － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,892 -301 -226 -189 -63.9 -15.9 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 2,515 -148 -164 -1,299 -438.1 -5.9 May 15, 2024 J-GAAP
Apr - Jun, 2024 2,103 -55 -48 129 43.7 -2.6 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 1,689 105 72 65 22.0 6.2 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 1,929 70 59 11 3.7 3.6 Feb 14, 2025 J-GAAP
YoY +2.0% － － － －

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