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KYORITSU ELECTRIC, The Current Fiscal Year Ordinary Profit Revised Upward by 20%, Raises Record High Profit Forecast, Dividend Revised Upward by 20 yen
6874 KYORITSU ELECTRIC CORPORATION 【J-GAAP】
Earnings ReportKYORITSU ELECTRIC CORPORATION <6874> [TSE Std] announced its financial results in the afternoon session on May 9th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) expanded 2.82 billion yen, an increase 31.8% compared to the same period last year.
In addition, the full-year consolidated ordinary profit has been revised upward 20.0%, from the previous forecast of 2.75 billion yen to 3.3 billion yen (compared to 2.63 billion yen in the previous period), increasing the growth rate from 4.4% to 25.2%, further surpassing the previous forecast of record-high profits for three consecutive terms.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the January to June period (2H) is expected to increase 49.7%, from the previous forecast of 1.1 billion yen to 1.65 billion yen (compared to 1.53 billion yen in the same period of the previous year), turning to a 7.8% increase in the consolidated ordinary profit outlook.
In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 120 yen to 140 yen (compared to 90 yen in the previous period).
In the most recent three-month period, from January to March (3Q), the consolidated ordinary profit grew 13.1% from the same period last year, reaching 1.18 billion yen. However, the operating profit margin decreased from 10.6% in the same period last year to 10.4%.
Kabutan News
Actual Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jul - Mar, 2022 | 25,647 | 1,931 | 1,994 | 1,310 | 162.8 | 84.1 | May 8, 2023 | J-GAAP |
Jul - Mar, 2023 | 26,004 | 2,015 | 2,144 | 1,372 | 170.6 | 81.4 | May 8, 2024 | J-GAAP |
Jul - Mar, 2024 | 29,599 | 2,760 | 2,826 | 1,835 | 228.1 | 85.6 | May 9, 2025 | J-GAAP |
YoY | +13.8% | +37.0% | +31.8% | +33.7% | +33.7% |
Guidance Update
Second Half Update
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jan - Jun, 2025 Prev | 17,575 | 1,005 | 1,106 | 850 | 105.6 | 60 | Feb 7, 2025 | J-GAAP |
Jan - Jun, 2025 New | 19,575 | 1,605 | 1,656 | 1,100 | 136.7 | 70 | May 9, 2025 | J-GAAP |
Revision Rate | +11.4% | +59.7% | +49.7% | +29.4% | +29.4% |
Full Year Update
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jun, 2025 Prev | 36,000 | 2,600 | 2,750 | 1,850 | 229.9 | 60 | Aug 8, 2024 | J-GAAP |
Jun, 2025 New | 38,000 | 3,200 | 3,300 | 2,100 | 260.9 | 70 | May 9, 2025 | J-GAAP |
Revision Rate | +5.6% | +23.1% | +20.0% | +13.5% | +13.5% |
Current Period Guidance
Second Half Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jan - Jun, 2024 | 17,829 | 1,441 | 1,536 | 1,122 | 139.4 | 45 | Aug 8, 2024 | J-GAAP |
Jan - Jun, 2025 Guidance | 19,575 | 1,605 | 1,656 | 1,100 | 136.7 | 70 | May 9, 2025 | J-GAAP |
YoY | +9.8% | +11.4% | +7.8% | -2.0% | -2.0% |
Current Period Guidance
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jun, 2023 | 33,616 | 2,273 | 2,371 | 1,530 | 190.1 | 35 | Aug 9, 2023 | J-GAAP |
Jun, 2024 | 34,361 | 2,451 | 2,635 | 1,768 | 219.7 | 45 | Aug 8, 2024 | J-GAAP |
Jun, 2025 Guidance | 38,000 | 3,200 | 3,300 | 2,100 | 260.9 | 70 | May 9, 2025 | J-GAAP |
YoY | +10.6% | +30.6% | +25.2% | +18.8% | +18.8% |
Quarterly Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jan - Mar, 2024 | 9,472 | 1,005 | 1,045 | 726 | 90.3 | 10.6 | May 8, 2024 | J-GAAP |
Apr - Jun, 2024 | 8,357 | 436 | 491 | 396 | 49.2 | 5.2 | Aug 8, 2024 | J-GAAP |
Jul - Sep, 2024 | 8,360 | 557 | 554 | 277 | 34.4 | 6.7 | Nov 6, 2024 | J-GAAP |
Oct - Dec, 2024 | 10,065 | 1,038 | 1,090 | 723 | 89.9 | 10.3 | Feb 7, 2025 | J-GAAP |
Jan - Mar, 2025 | 11,174 | 1,165 | 1,182 | 835 | 103.8 | 10.4 | May 9, 2025 | J-GAAP |
YoY | +18.0% | +15.9% | +13.1% | +15.0% | +15.0% |
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