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Kurita Water Industries, Last Fiscal Year Net Income Revised Downward to an Unexpected 30% Decrease

Mon Apr 28, 2025 5:00 pm JST Revision

6370 Kurita Water Industries Ltd. 【IFRS】

Guidance Update Report

Kurita Water Industries Ltd. <6370> [TSE Prime] announced a performance revision after the market closed on April 28th (17:00). The consolidated net income for the fiscal year ending March 2025 has decreased 41.2%, from the previous forecast of 34.5 billion yen to 20.3 billion yen (compared to 29.1 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 30.5% decrease in profit.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated net income has decreased 72.6%, from the previous forecast of 19.5 billion yen to 5.36 billion yen (compared to 16.5 billion yen in the same period of the previous year). This changes the outlook from an anticipated profit increase to a projection of a 67.7% decrease in profit.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 214,470 28,209 27,596 19,568 174.0 46 Nov 7, 2024 IFRS
Oct - Mar, 2024 New 213,270 9,709 10,396 5,368 47.8 46 Apr 28, 2025 IFRS
Revision Rate -0.6% -65.6% -62.3% -72.6% -72.5%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 410,000 49,700 49,000 34,500 306.7 92 Nov 7, 2024 IFRS
Mar, 2025 New 408,800 31,200 31,800 20,300 180.6 92 Apr 28, 2025 IFRS
Revision Rate -0.3% -37.2% -35.1% -41.2% -41.1%

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 196,462 22,945 23,503 16,594 147.6 42 May 9, 2024 IFRS
Oct - Mar, 2024 Guidance 213,270 9,709 10,396 5,368 47.8 46 Apr 28, 2025 IFRS
YoY +8.6% -57.7% -55.8% -67.7% -67.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 344,608 29,058 30,151 20,134 179.1 78 May 11, 2023 IFRS
Mar, 2024 384,825 41,232 41,686 29,189 259.7 84 May 9, 2024 IFRS
Mar, 2025 Guidance 408,800 31,200 31,800 20,300 180.6 92 Apr 28, 2025 IFRS
YoY +6.2% -24.3% -23.7% -30.5% -30.5%

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