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KITAGAWA IRON WORKS, 22% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 28 yen

Tue May 13, 2025 3:30 pm JST Earnings

6317 Kitagawa Corporation 【J-GAAP】

Earnings Report

KITAGAWA IRON WORKS CO., LTD. <6317> [TSE Std] announced its financial results after the market closed on May 13th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 3.9% from the previous period to 2.31 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 22.2% from the previous period to 1.8 billion yen.

At the same time, the company has decided to significantly increase the dividend this fiscal year to 78 yen, an increase of 28 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit dropped to 0.33 billion yen, a 42.6% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 3.0% in the same period last year to 3.0%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 59,700 194 1,034 -418 -45.2 30 May 12, 2023 J-GAAP
Mar, 2024 61,567 1,680 2,409 1,267 137.3 40 May 10, 2024 J-GAAP
Mar, 2025 57,280 1,872 2,315 1,246 135.0 50 May 13, 2025 J-GAAP
YoY -7.0% +11.4% -3.9% -1.7% -1.7%

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 56,700 1,700 2,200 1,200 129.9 50 Feb 12, 2025 J-GAAP
Mar, 2025 Results 57,280 1,872 2,315 1,246 135.0 50 May 13, 2025 J-GAAP
Revision Rate +1.0% +10.1% +5.2% +3.8% +3.9%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 28,443 402 734 370 40.1 25 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 Guidance 29,500 500 600 1,900 205.3 35 May 13, 2025 J-GAAP
YoY +3.7% +24.4% -18.3% +413.5% +411.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 61,567 1,680 2,409 1,267 137.3 40 May 10, 2024 J-GAAP
Mar, 2025 57,280 1,872 2,315 1,246 135.0 50 May 13, 2025 J-GAAP
Mar, 2026 Guidance 58,300 1,700 1,800 2,400 259.4 78 May 13, 2025 J-GAAP
YoY +1.8% -9.2% -22.2% +92.6% +92.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 15,778 476 575 -160 -17.3 3.0 May 10, 2024 J-GAAP
Apr - Jun, 2024 13,674 133 507 341 37.0 1.0 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 14,769 269 227 29 3.2 1.8 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 13,341 1,005 1,251 802 86.9 7.5 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 15,496 465 330 74 8.0 3.0 May 13, 2025 J-GAAP
YoY -1.8% -2.3% -42.6%

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