KAWASAKI SETSUBI, 17% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 19 yen, Plan to Continue the 50 yen Policy This Fiscal Year as Well

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.

Mon Apr 28, 2025 1:00 pm JST Earnings

1777 KAWASAKI SETSUBI KOGYO CO., LTD. 【J-GAAP】

Earnings Report

KAWASAKI SETSUBI KOGYO CO., LTD. <1777> [NSE Main] announced its financial results in the afternoon session on April 28th (13:00). The ordinary profit (non-consolidated) for the fiscal year ending March 2025 surged by 2.0 times that of the previous term, reaching 2.73 billion yen, exceeding the previous forecast of 1.82 billion yen. In the fiscal year ending March 2026, the profit is expected to grow by 17.1% to 3.2 billion yen, marking the second consecutive term of record-high profits. This will be the third consecutive term of revenue and profit growth.

At the same time, the company increased the annual dividend for the previous term from 31 yen to 50 yen (compared to 22 yen in the prior term), and has decided to continue with a dividend of 50 yen for the current term as well.

In the most recent three-month period, from January to March (4Q), the ordinary profit surged 2.6 times that of the same period last year, reaching 1.57 billion yen. The operating profit margin drastically improved from 8.9% in the same period last year to 14.7%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	20,809	1,040	1,074	707	59.1	18	Apr 28, 2023	J-GAAP
Mar, 2024	22,482	1,333	1,354	845	70.7	22	Apr 26, 2024	J-GAAP
Mar, 2025	29,159	2,713	2,733	1,958	163.7	50	Apr 28, 2025	J-GAAP
YoY	+29.7%	+103.5%	+101.8%	+131.7%	+131.5%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Guidance	27,500	1,700	1,820	1,210	101.1	31	Oct 31, 2024	J-GAAP
Mar, 2025 Results	29,159	2,713	2,733	1,958	163.7	50	Apr 28, 2025	J-GAAP
Revision Rate	+6.0%	+59.6%	+50.2%	+61.8%	+61.8%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024	11,026	609	621	382	32.0	11	Oct 31, 2024	J-GAAP
Apr - Sep, 2025 Guidance	17,000	1,435	1,445	979	81.8	25	Apr 28, 2025	J-GAAP
YoY	+54.2%	+135.6%	+132.7%	+156.3%	+155.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	22,482	1,333	1,354	845	70.7	22	Apr 26, 2024	J-GAAP
Mar, 2025	29,159	2,713	2,733	1,958	163.7	50	Apr 28, 2025	J-GAAP
Mar, 2026 Guidance	34,500	3,100	3,200	2,197	183.6	50	Apr 28, 2025	J-GAAP
YoY	+18.3%	+14.3%	+17.1%	+12.2%	+12.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jan - Mar, 2024	6,867	608	614	360	30.1	8.9	Apr 26, 2024	J-GAAP
Apr - Jun, 2024	4,617	151	158	102	8.5	3.3	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	6,409	458	463	280	23.5	7.1	Oct 31, 2024	J-GAAP
Oct - Dec, 2024	7,369	524	536	362	30.3	7.1	Jan 31, 2025	J-GAAP
Jan - Mar, 2025	10,764	1,580	1,576	1,214	101.5	14.7	Apr 28, 2025	J-GAAP
YoY	+56.7%	+159.9%	+156.7%	+237.2%	+237.0%