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KITZ, First Half Ordinary Profit Unexpectedly Revised Upward by 14%, Current Fiscal Year Dividend Revised Upward by 2 Yen
6498 KITZ CORPORATION 【J-GAAP】
Earnings ReportKITZ CORPORATION <6498> [TSE Prime] announced its financial results in the afternoon session on August 8th (14:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 14.0% from the same period last year, reaching 8.37 billion yen, resulting in an increase in profits compared to the previous forecast of a 3.4% decrease.
Progress toward the full-year plan of 15.6 billion yen was 53.7%, also surpassing the four-year average of 48.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to decrease 8.9% from the same period last year to 7.22 billion yen.
At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 46 yen to 48 yen (compared to 46 yen in the previous period).
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit grew 9.2% from the same period last year, reaching 4.37 billion yen. The operating profit margin improved from 8.5% in the same period last year to 10.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 81,274 | 6,572 | 7,237 | 5,485 | 61.2 | 50.1 | Aug 7, 2023 | J-GAAP |
| Jan - Jun, 2024 | 83,797 | 6,508 | 7,347 | 5,420 | 60.4 | 48.1 | Aug 2, 2024 | J-GAAP |
| Jan - Jun, 2025 | 86,380 | 7,933 | 8,373 | 5,968 | 68.7 | 53.7 | Aug 8, 2025 | J-GAAP |
| YoY | +3.1% | +21.9% | +14.0% | +10.1% | +13.6% |
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 | 86,100 | 6,600 | 7,100 | 5,000 | 57.5 | 19 | Feb 13, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 86,380 | 7,933 | 8,373 | 5,968 | 68.7 | 21 | Aug 8, 2025 | J-GAAP |
| Revision Rate | +0.3% | +20.2% | +17.9% | +19.4% | +19.4% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 180,000 | 15,000 | 15,600 | 11,200 | 128.8 | 46 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 New | 180,000 | 15,000 | 15,600 | 11,200 | 128.8 | 48 | Aug 8, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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 | 88,245 | 7,712 | 7,929 | 6,404 | 71.8 | 27 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 93,620 | 7,067 | 7,227 | 5,232 | 60.2 | 27 | Aug 8, 2025 | J-GAAP |
| YoY | +6.1% | -8.4% | -8.9% | -18.3% | -16.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 166,941 | 13,687 | 14,452 | 10,591 | 118.1 | 41 | Feb 13, 2024 | J-GAAP |
| Dec, 2024 | 172,042 | 14,220 | 15,276 | 11,824 | 132.6 | 46 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 180,000 | 15,000 | 15,600 | 11,200 | 128.8 | 48 | Aug 8, 2025 | J-GAAP |
| YoY | +4.6% | +5.5% | +2.1% | -5.3% | -2.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 43,586 | 3,696 | 4,007 | 2,913 | 32.5 | 8.5 | Aug 2, 2024 | J-GAAP |
| Jul - Sep, 2024 | 43,498 | 4,334 | 4,098 | 3,594 | 40.1 | 10.0 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 44,747 | 3,378 | 3,831 | 2,810 | 31.5 | 7.5 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 41,740 | 3,378 | 3,996 | 2,890 | 33.3 | 8.1 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 44,640 | 4,555 | 4,377 | 3,078 | 35.4 | 10.2 | Aug 8, 2025 | J-GAAP |
| YoY | +2.4% | +23.2% | +9.2% | +5.7% | +9.1% |
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