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Mitsubishi Kakoki Kaisha, 33% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Increased Previous Year's Dividend by 100 yen, This Fiscal Year to Increase Dividend
6331 Mitsubishi Kakoki Kaisha, Ltd. 【J-GAAP】
Earnings ReportMitsubishi Kakoki Kaisha, Ltd. <6331> [TSE Prime] announced its financial results after the market closed on May 15th (16:00). The consolidated ordinary profit for the fiscal year ending March 2025 increased 19.5% from the previous period to 5.62 billion yen exceeding the previous forecast of 4.55 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to expand to 33.3% to 7.5 billion yen, marking the third consecutive term of record-high profits. This will be the third consecutive term of revenue and profit growth.
At the same time, the company increased the annual dividend for the previous term from 110 yen to 210 yen (compared to 110 yen in the prior term), and the annual dividend for this fiscal year is 80 yen, taking into account the forward stock split scheduled to be allocated on March 31, this dividend represents an actual increase of 14.3%.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 52.0% from the same period last year, reaching 1.75 billion yen. The operating profit margin significantly improved from 8.2% in the same period last year to 11.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2023 | 44,590 | 2,521 | 2,859 | 3,043 | 133.2 | 26.67 | May 15, 2023 | J-GAAP |
| Mar, 2024 | 47,774 | 4,410 | 4,709 | 5,397 | 236.2 | 36.67 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 59,202 | 5,694 | 5,626 | 4,879 | 213.8 | 70 | May 15, 2025 | J-GAAP |
| YoY | +23.9% | +29.1% | +19.5% | -9.6% | -9.5% |
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 | 58,000 | 4,800 | 4,550 | 3,200 | 140.2 | 36.67 | May 15, 2024 | J-GAAP |
| Mar, 2025 Results | 59,202 | 5,694 | 5,626 | 4,879 | 213.8 | 70 | May 15, 2025 | J-GAAP |
| Revision Rate | +2.1% | +18.6% | +23.6% | +52.5% | +52.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 26,623 | 2,226 | 2,168 | 1,440 | 63.1 | 16.67 | Oct 31, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 37,500 | 3,000 | 3,100 | 2,150 | 94.4 | 40 | May 15, 2025 | J-GAAP |
| YoY | +40.9% | +34.8% | +43.0% | +49.3% | +49.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 47,774 | 4,410 | 4,709 | 5,397 | 236.2 | 36.67 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 59,202 | 5,694 | 5,626 | 4,879 | 213.8 | 70 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 84,500 | 7,500 | 7,500 | 5,360 | 235.3 | 80 | May 15, 2025 | J-GAAP |
| YoY | +42.7% | +31.7% | +33.3% | +9.9% | +10.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 13,554 | 1,105 | 1,156 | 1,120 | 49.0 | 8.2 | May 15, 2024 | J-GAAP |
| Apr - Jun, 2024 | 11,944 | 1,099 | 1,309 | 917 | 40.2 | 9.2 | Jul 31, 2024 | J-GAAP |
| Jul - Sep, 2024 | 14,679 | 1,127 | 859 | 523 | 22.9 | 7.7 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 14,690 | 1,403 | 1,701 | 1,072 | 47.0 | 9.6 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 17,889 | 2,065 | 1,757 | 2,367 | 103.7 | 11.5 | May 15, 2025 | J-GAAP |
| YoY | +32.0% | +86.9% | +52.0% | +111.3% | +111.6% |
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