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K&O Energy, 13% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 6 yen

Fri Feb 14, 2025 4:00 pm JST Earnings

1663 K&O Energy Group Inc. 【J-GAAP】

Earnings Report

K&O Energy Group Inc. <1663> [TSE Prime] announced its financial results after the market closed on February 14th (16:00). The consolidated ordinary profit for the fiscal year ending December 2024 decreased 5.6% from the previous period to 9.83 billion yen. In the fiscal year ending December 2025, the profit is expected to decrease by 12.5% from the previous period to 8.6 billion yen. This will be the second consecutive term of declining profits.

At the same time, the company has decided to increase the dividend this fiscal year to 48 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 dropped to 1.67 billion yen, a 33.3% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.5% in the same period last year to 5.2%.

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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 106,200 7,304 7,931 4,766 179.3 32 Feb 13, 2023 J-GAAP
Dec, 2023 96,298 9,668 10,408 6,464 242.8 38 Feb 14, 2024 J-GAAP
Dec, 2024 92,421 8,820 9,830 6,167 231.4 42 Feb 14, 2025 J-GAAP
YoY -4.0% -8.8% -5.6% -4.6% -4.7%

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 94,600 7,800 8,700 5,300 198.8 42 Aug 9, 2024 J-GAAP
Dec, 2024 Results 92,421 8,820 9,830 6,167 231.4 42 Feb 14, 2025 J-GAAP
Revision Rate -2.3% +13.1% +13.0% +16.4% +16.4%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 48,834 5,606 5,930 3,699 138.8 20 Aug 9, 2024 J-GAAP
Jan - Jun, 2025 Guidance 46,500 5,200 5,700 4,500 168.7 24 Feb 14, 2025 J-GAAP
YoY -4.8% -7.2% -3.9% +21.7% +21.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 96,298 9,668 10,408 6,464 242.8 38 Feb 14, 2024 J-GAAP
Dec, 2024 92,421 8,820 9,830 6,167 231.4 42 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 91,900 7,700 8,600 6,200 232.4 48 Feb 14, 2025 J-GAAP
YoY -0.6% -12.7% -12.5% +0.5% +0.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 23,908 2,274 2,516 1,664 62.5 9.5 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 25,925 2,493 2,599 1,691 63.5 9.6 May 13, 2024 J-GAAP
Apr - Jun, 2024 22,909 3,113 3,331 2,008 75.4 13.6 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 21,765 2,082 2,221 1,330 49.9 9.6 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 21,822 1,132 1,679 1,138 42.7 5.2 Feb 14, 2025 J-GAAP
YoY -8.7% -50.2% -33.3% -31.6% -31.7%

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