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KOKUYO, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 1%

Wed Jul 30, 2025 12:00 pm JST Earnings

7984 KOKUYO CO.,LTD. 【J-GAAP】

Earnings Report

KOKUYO CO.,LTD. <7984> [TSE Prime] announced its financial results at noon (12:00) on July 30th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) was 17.4 billion yen, a 3.0% decrease compared to the same period last year.

However, the full-year forecast for consolidated ordinary profit has been revised upward 1.2%, from the previous forecast of 24.5 billion yen to 24.8 billion yen (compared to 24.4 billion yen in the previous period), increasing the growth rate from 0.4% to 1.6%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to grow 14.3% from the same period last year, reaching 7.35 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 56.88 yen to 57.5 yen (compared to 77 yen before the 4-for-1 forward stock split in the previous period).

In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit decreased to 4.41 billion yen, an 18.4% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 5.0% in the same period last year to 4.9%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Jun, 2023 173,585 15,773 17,266 11,747 25.5 66.4 Jul 31, 2023 J-GAAP
Jan - Jun, 2024 178,986 15,929 17,974 15,625 34.4 73.6 Jul 29, 2024 J-GAAP
Jan - Jun, 2025 185,207 17,690 17,443 13,810 30.6 70.3 Jul 30, 2025 J-GAAP
YoY +3.5% +11.1% -3.0% -11.6% -11.2%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Guidance 191,000 16,000 16,400 12,100 26.9 11.38 Feb 14, 2025 J-GAAP
Jan - Jun, 2025 Results 185,207 17,690 17,443 13,810 30.6 11.50 Jul 30, 2025 J-GAAP
Revision Rate -3.0% +10.6% +6.4% +14.1% +13.6%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 366,000 24,000 24,500 20,100 46.5 22.76 May 30, 2025 J-GAAP
Dec, 2025 New 357,000 25,000 24,800 20,500 47.4 23 Jul 30, 2025 J-GAAP
Revision Rate -2.5% +4.2% +1.2% +2.0% +2.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 159,241 6,099 6,436 6,162 13.6 9.75 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 Guidance 171,793 7,310 7,357 6,690 15.5 11.50 Jul 30, 2025 J-GAAP
YoY +7.9% +19.9% +14.3% +8.6% +13.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 328,753 23,830 25,989 19,069 41.4 16.63 Feb 13, 2024 J-GAAP
Dec, 2024 338,227 22,028 24,410 21,787 48.0 19.25 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 357,000 25,000 24,800 20,500 47.4 23 Jul 30, 2025 J-GAAP
YoY +5.6% +13.5% +1.6% -5.9% -1.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 82,899 4,138 5,409 3,647 8.0 5.0 Jul 29, 2024 J-GAAP
Jul - Sep, 2024 73,020 1,961 1,223 749 1.7 2.7 Oct 28, 2024 J-GAAP
Oct - Dec, 2024 86,221 4,138 5,213 5,413 11.9 4.8 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 99,484 13,484 13,029 10,012 22.1 13.6 Apr 25, 2025 J-GAAP
Apr - Jun, 2025 85,723 4,206 4,414 3,798 8.4 4.9 Jul 30, 2025 J-GAAP
YoY +3.4% +1.6% -18.4% +4.1% +4.6%

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