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Kurimoto, 13% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 56 yen, This Fiscal Year to Increase Dividend by 3 yen
5602 Kurimoto,Ltd. 【J-GAAP】
Earnings ReportKurimoto,Ltd. <5602> [TSE Prime] announced its financial results in the afternoon session on May 14th (13:40). The consolidated ordinary profit for the fiscal year ending March 2025 increased 8.5% from the previous period to 8.47 billion yen. However, for the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 12.7% from the previous period to 7.4 billion yen.
At the same time, the company increased the annual dividend for the previous term from 229 yen to 285 yen (compared to 170 yen in the prior term), and has decided to increase the dividend this fiscal year to 288 yen, an increase of 3 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit surged 2.9 times that of the same period last year, reaching 2.26 billion yen. The operating profit margin significantly improved from 1.8% in the same period last year to 6.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 124,827 | 6,840 | 6,868 | 4,727 | 77.5 | 18 | May 12, 2023 | J-GAAP |
| Mar, 2024 | 125,925 | 7,460 | 7,816 | 5,470 | 90.4 | 34 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 126,669 | 7,930 | 8,477 | 6,905 | 113.9 | 57 | May 14, 2025 | J-GAAP |
| YoY | +0.6% | +6.3% | +8.5% | +26.2% | +26.0% |
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 | 124,000 | 7,000 | 7,200 | 5,500 | 90.7 | 45.80 | Nov 1, 2024 | J-GAAP |
| Mar, 2025 Results | 126,669 | 7,930 | 8,477 | 6,905 | 113.9 | 57 | May 14, 2025 | J-GAAP |
| Revision Rate | +2.2% | +13.3% | +17.7% | +25.5% | +25.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 58,911 | 2,967 | 3,192 | 2,502 | 41.3 | 20.80 | Nov 1, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 59,000 | 2,500 | 2,400 | 2,100 | 34.6 | 28.80 | May 14, 2025 | J-GAAP |
| YoY | +0.2% | -15.7% | -24.8% | -16.1% | -16.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 125,925 | 7,460 | 7,816 | 5,470 | 90.4 | 34 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 126,669 | 7,930 | 8,477 | 6,905 | 113.9 | 57 | May 14, 2025 | J-GAAP |
| Mar, 2026 Guidance | 125,000 | 7,500 | 7,400 | 7,000 | 115.3 | 57.60 | May 14, 2025 | J-GAAP |
| YoY | -1.3% | -5.4% | -12.7% | +1.4% | +1.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 30,657 | 560 | 786 | 482 | 8.0 | 1.8 | May 14, 2024 | J-GAAP |
| Apr - Jun, 2024 | 27,729 | 953 | 1,008 | 961 | 15.9 | 3.4 | Aug 2, 2024 | J-GAAP |
| Jul - Sep, 2024 | 31,182 | 2,014 | 2,184 | 1,541 | 25.4 | 6.5 | Nov 1, 2024 | J-GAAP |
| Oct - Dec, 2024 | 35,190 | 3,019 | 3,019 | 2,660 | 43.9 | 8.6 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 32,568 | 1,944 | 2,266 | 1,743 | 28.8 | 6.0 | May 14, 2025 | J-GAAP |
| YoY | +6.2% | +247.1% | +188.3% | +261.6% | +260.7% |
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