GIKEN, First Half Ordinary Profit Decreases by 48%, Current Fiscal Year Dividend Revised Upward by 10 yen

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 Apr 10, 2025 3:30 pm JST Earnings

6289 GIKEN LTD. 【J-GAAP】

Earnings Report

GIKEN LTD. <6289> [TSE Prime] announced its financial results after the market closed on April 10th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending August 2025 (September 2024 to February 2025) dropped 48.1% from the same period last year to 1.34 billion yen. The progress rate toward the full-year plan of 2.45 billion yen was 54.9%, below the five-year average of 69.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the March to August period (2H) is expected to grow 11.4% from the same period last year, reaching 1.1 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 44 yen to 54 yen (compared to 42 yen in the previous period).

In the most recent three-month period, from December to February (2Q), the consolidated ordinary profit dropped to 0.66 billion yen, a 49.7% decrease compared to the same period last year. The operating profit margin decreased from 15.0% in the same period last year to 10.8%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Sep - Feb, 2022	14,933	2,146	2,194	1,374	50.0	71.7	Apr 7, 2023	J-GAAP
Sep - Feb, 2023	15,535	2,417	2,590	1,849	69.0	72.3	Apr 9, 2024	J-GAAP
Sep - Feb, 2024	11,829	1,323	1,345	928	34.7	54.9	Apr 10, 2025	J-GAAP
YoY	-23.9%	-45.3%	-48.1%	-49.8%	-49.7%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2024 Guidance	11,750	1,230	1,300	880	32.8	22	Feb 27, 2025	J-GAAP
Sep - Feb, 2024 Results	11,829	1,323	1,345	928	34.7	22	Apr 10, 2025	J-GAAP
Revision Rate	+0.7%	+7.6%	+3.5%	+5.5%	+5.6%

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2025 Prev	26,100	2,300	2,450	1,800	67.2	44	Feb 27, 2025	J-GAAP
Aug, 2025 New	26,100	2,300	2,450	1,800	67.2	54	Apr 10, 2025	J-GAAP
Revision Rate	0.0%	0.0%	0.0%	0.0%	0.0%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar - Aug, 2024	13,946	907	992	588	22.0	22	Oct 11, 2024	J-GAAP
Mar - Aug, 2025 Guidance	14,271	977	1,105	872	32.5	32	Apr 10, 2025	J-GAAP
YoY	+2.3%	+7.7%	+11.4%	+48.3%	+48.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2023	29,272	2,983	3,060	846	30.8	40	Oct 11, 2023	J-GAAP
Aug, 2024	29,481	3,324	3,582	2,437	91.0	42	Oct 11, 2024	J-GAAP
Aug, 2025 Guidance	26,100	2,300	2,450	1,800	67.2	54	Apr 10, 2025	J-GAAP
YoY	-11.5%	-30.8%	-31.6%	-26.1%	-26.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Dec - Feb, 2023	8,117	1,219	1,325	977	36.5	15.0	Apr 9, 2024	J-GAAP
Mar - May, 2024	6,598	420	542	369	13.8	6.4	Jul 10, 2024	J-GAAP
Jun - Aug, 2024	7,348	487	450	219	8.2	6.6	Oct 11, 2024	J-GAAP
Sep - Nov, 2024	5,532	645	679	366	13.7	11.7	Jan 10, 2025	J-GAAP
Dec - Feb, 2024	6,297	678	666	562	21.0	10.8	Apr 10, 2025	J-GAAP
YoY	-22.4%	-44.4%	-49.7%	-42.5%	-42.4%