Kawagishi Bridge Works, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 36%, Dividend Revised Upward by 35 Yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Mon Jul 28, 2025 3:30 pm JST Earnings

5921 Kawagishi Bridge Works Co.,Ltd. 【J-GAAP】

Earnings Report

Kawagishi Bridge Works Co.,Ltd. <5921> [TSE Std] announced its financial results after the market closed on July 28th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending September 2025 (October 2024 to June 2025) increased 16.9% from the same period last year, reaching 1.87 billion yen.

In addition, the full-year forecast for ordinary profit has been revised upward 35.7%, from the previous forecast of 1.40 billion yen to 1.90 billion yen (compared to 1.97 billion yen in the previous period), and the declining rate is expected to decrease from 29.2% to 3.9%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the ordinary profit for the April to September period (second half) has been revised upward 2.6 times, from the previous forecast of 0.31 billion yen to 0.81 billion yen (compared to 0.96 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 67.9% to 16.2%.

In light of the strong performance, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 105 yen to 140 yen (compared to 150 yen in the previous period).

In the most recent three-month period, from April to June (3Q), the ordinary profit increased 32.0% from the same period last year, reaching 0.78 billion yen. The operating profit margin significantly improved from 7.2% in the same period last year to 11.2%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Oct - Jun, 2022	19,744	1,077	1,311	976	335.1	76.8	Aug 9, 2023	J-GAAP
Oct - Jun, 2023	20,958	1,343	1,606	1,161	392.0	81.2	Jul 26, 2024	J-GAAP
Oct - Jun, 2024	18,026	1,662	1,877	1,263	452.1	98.8	Jul 28, 2025	J-GAAP
YoY	-14.0%	+23.8%	+16.9%	+8.8%	+15.3%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2025 Prev	15,236	242	311	279	102.7	105	May 14, 2025	J-GAAP
Apr - Sep, 2025 New	11,536	712	811	549	202.1	140	Jul 28, 2025	J-GAAP
Revision Rate	-24.3%	+194.2%	+160.8%	+96.8%	+96.8%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2025 Prev	27,000	1,200	1,400	1,000	368.0	105	Nov 14, 2024	J-GAAP
Sep, 2025 New	23,300	1,670	1,900	1,270	467.4	140	Jul 28, 2025	J-GAAP
Revision Rate	-13.7%	+39.2%	+35.7%	+27.0%	+27.0%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024	13,671	836	968	704	238.8	150	Nov 14, 2024	J-GAAP
Apr - Sep, 2025 Guidance	11,536	712	811	549	202.1	140	Jul 28, 2025	J-GAAP
YoY	-15.6%	-14.8%	-16.2%	-22.0%	-15.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep, 2023	25,998	1,415	1,708	1,248	426.2	100	Nov 14, 2023	J-GAAP
Sep, 2024	27,566	1,669	1,977	1,469	498.2	150	Nov 14, 2024	J-GAAP
Sep, 2025 Guidance	23,300	1,670	1,900	1,270	467.4	140	Jul 28, 2025	J-GAAP
YoY	-15.5%	+0.1%	-3.9%	-13.5%	-6.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Apr - Jun, 2024	7,063	510	597	396	133.7	7.2	Jul 26, 2024	J-GAAP
Jul - Sep, 2024	6,608	326	371	308	104.5	4.9	Nov 14, 2024	J-GAAP
Oct - Dec, 2024	5,952	524	604	424	146.9	8.8	Jan 31, 2025	J-GAAP
Jan - Mar, 2025	5,812	434	485	297	104.9	7.5	May 14, 2025	J-GAAP
Apr - Jun, 2025	6,262	704	788	542	194.0	11.2	Jul 28, 2025	J-GAAP
YoY	-11.3%	+38.0%	+32.0%	+36.9%	+45.1%