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KYORITSU AIR TECH, Jan-Sep (Cumulative 3Q) Ordinary Profit Decreases by 22%, Jul-Sep Ordinary Profit Decreases by 26%
5997 KYORITSU AIR TECH INC. 【J-GAAP】
Earnings ReportKYORITSU AIR TECH INC. <5997> [TSE Std] announced its financial results in the afternoon session on November 12th (15:10). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 22.5% from the same period last year to 352 million yen. Progress toward the full-year plan of 630 million yen was 55.9%, also falling below the five-year average of 70.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to grow 1.8% from the same period last year, reaching 278 million yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 83 million yen, a 25.9% decrease compared to the same period last year. The operating profit margin worsened from 3.5% in the same period last year to 2.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 8,450 | 501 | 536 | 354 | 73.8 | 72.5 | Nov 10, 2023 | J-GAAP |
| Jan - Sep, 2024 | 8,214 | 425 | 454 | 310 | 64.6 | 62.4 | Nov 12, 2024 | J-GAAP |
| Jan - Sep, 2025 | 8,445 | 321 | 352 | 258 | 53.7 | 55.9 | Nov 12, 2025 | J-GAAP |
| YoY | +2.8% | -24.5% | -22.5% | -16.8% | -16.8% |
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 | 6,305 | 357 | 385 | 261 | 54.3 | 20 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 5,897 | 365 | 361 | 227 | 47.1 | 15 | Aug 8, 2025 | J-GAAP |
| YoY | -6.5% | +2.2% | -6.2% | -13.0% | -13.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 11,896 | 692 | 739 | 488 | 101.6 | 20 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 11,732 | 684 | 727 | 498 | 103.6 | 20 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 11,700 | 620 | 630 | 430 | 89.1 | 15 | Feb 13, 2025 | J-GAAP |
| YoY | -0.3% | -9.4% | -13.3% | -13.7% | -14.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 2,787 | 98 | 112 | 73 | 15.2 | 3.5 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,518 | 259 | 273 | 188 | 39.1 | 7.4 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,890 | 200 | 206 | 157 | 32.8 | 6.9 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,913 | 55 | 63 | 46 | 9.6 | 1.9 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 2,642 | 66 | 83 | 55 | 11.5 | 2.5 | Nov 12, 2025 | J-GAAP |
| YoY | -5.2% | -32.7% | -25.9% | -24.7% | -24.7% |
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