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KANEMATSU ENGINEERING, 3% Increase in Ordinary Profit for The Current Fiscal Year
6402 KANEMATSU ENGINEERING CO.,LTD. 【J-GAAP】
Earnings ReportKANEMATSU ENGINEERING CO.,LTD. <6402> [TSE Std] announced its financial results after the market closed on May 12th (15:40). The ordinary profit (non-consolidated) for the fiscal year ending March 2025 increased 17.4% from the previous period to 0.97 billion yen. For the fiscal year ending March 2026, the ordinary profit is expected to grow by 2.8% to 1 billion yen. This will be the third consecutive term of revenue and profit growth.
At the same time, the company plans to remove the special dividend of the previous term and set the dividend for this term at an ordinary dividend of 48 yen.
In the most recent three-month period, from January to March (4Q), the ordinary profit significantly dropped to 0.08 billion yen, a 68.1% decrease compared to the same period last year. The operating profit margin drastically worsened from 7.6% in the same period last year to 2.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 11,335 | 709 | 732 | 754 | 156.2 | 55 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 12,403 | 808 | 829 | 618 | 126.8 | 44 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 13,300 | 954 | 973 | 700 | 143.4 | 50 | May 12, 2025 | J-GAAP |
| YoY | +7.2% | +18.1% | +17.4% | +13.3% | +13.1% |
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 | 13,000 | 930 | 950 | 650 | 133.0 | 50 | May 7, 2025 | J-GAAP |
| Mar, 2025 Results | 13,300 | 954 | 973 | 700 | 143.4 | 50 | May 12, 2025 | J-GAAP |
| Revision Rate | +2.3% | +2.6% | +2.4% | +7.7% | +7.8% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 7,035 | 588 | 601 | 416 | 85.2 | 0 | Nov 6, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 6,750 | 490 | 500 | 345 | 70.4 | 0 | May 12, 2025 | J-GAAP |
| YoY | -4.1% | -16.7% | -16.8% | -17.1% | -17.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 12,403 | 808 | 829 | 618 | 126.8 | 44 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 13,300 | 954 | 973 | 700 | 143.4 | 50 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 13,500 | 980 | 1,000 | 690 | 140.9 | 48 | May 12, 2025 | J-GAAP |
| YoY | +1.5% | +2.7% | +2.8% | -1.4% | -1.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 3,374 | 257 | 263 | 230 | 47.2 | 7.6 | May 13, 2024 | J-GAAP |
| Apr - Jun, 2024 | 3,296 | 222 | 231 | 159 | 32.6 | 6.7 | Aug 5, 2024 | J-GAAP |
| Jul - Sep, 2024 | 3,739 | 366 | 370 | 257 | 52.7 | 9.8 | Nov 6, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,415 | 285 | 288 | 199 | 40.7 | 8.3 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,850 | 81 | 84 | 85 | 17.4 | 2.8 | May 12, 2025 | J-GAAP |
| YoY | -15.5% | -68.5% | -68.1% | -63.0% | -63.1% |
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