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OKABE, 9% Increase in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 5 yen, This Fiscal Year to Increase Dividend by 6 yen

Fri Feb 14, 2025 3:30 pm JST Earnings

5959 OKABE CO., LTD. 【J-GAAP】

Earnings Report

OKABE CO., LTD. <5959> [TSE Prime] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 increased 2.8% from the previous period to 4.42 billion yen. In the fiscal year ending December 2025, the profit is expected to grow by 8.5% to 4.8 billion yen.

At the same time, the company increased the annual dividend for the previous term from 30 yen to 35 yen (compared to 25 yen in the prior term), and has decided to increase the dividend this fiscal year to 41 yen, an increase of 6 yen from the previous fiscal year.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit increased 41.1% from the same period last year, reaching 1.05 billion yen. The operating profit margin improved from 3.3% in the same period last year to 5.7%.

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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 76,854 5,271 5,471 3,848 81.3 24 Feb 10, 2023 J-GAAP
Dec, 2023 78,152 4,082 4,303 -5,472 -118.2 25 Feb 19, 2024 J-GAAP
Dec, 2024 67,806 4,194 4,422 -874 -18.9 35 Feb 14, 2025 J-GAAP
YoY -13.2% +2.7% +2.8% +84.0% +84.0%

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 70,000 4,100 4,400 -1,000 -21.6 30 Nov 27, 2024 J-GAAP
Dec, 2024 Results 67,806 4,194 4,422 -874 -18.9 35 Feb 14, 2025 J-GAAP
Revision Rate -3.1% +2.3% +0.5% +12.6% +12.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 31,813 1,770 1,934 1,339 29.0 15 Jul 26, 2024 J-GAAP
Jan - Jun, 2025 Guidance 34,600 1,950 2,000 1,350 29.6 20 Feb 14, 2025 J-GAAP
YoY +8.8% +10.2% +3.4% +0.8% +2.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 78,152 4,082 4,303 -5,472 -118.2 25 Feb 19, 2024 J-GAAP
Dec, 2024 67,806 4,194 4,422 -874 -18.9 35 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 72,500 4,700 4,800 3,120 68.4 41 Feb 14, 2025 J-GAAP
YoY +6.9% +12.1% +8.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 19,990 663 750 -6,217 -134.3 3.3 Feb 19, 2024 J-GAAP
Jan - Mar, 2024 15,671 801 854 578 12.5 5.1 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 16,142 969 1,080 761 16.5 6.0 Jul 26, 2024 J-GAAP
Jul - Sep, 2024 17,810 1,388 1,430 993 21.5 7.8 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 18,183 1,036 1,058 -3,206 -69.4 5.7 Feb 14, 2025 J-GAAP
YoY -9.0% +56.3% +41.1% +48.4% +48.4%

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