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Kurita Water Industries, Apr-Dec (Cumulative 3Q) Net Income Increases by 13%
6370 Kurita Water Industries Ltd. 【IFRS】
Earnings ReportKurita Water Industries Ltd. <6370> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 5th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 13.1% from the same period last year, reaching 27.4 billion yen. Progress toward the full-year plan of 36.3 billion yen was 75.5%, it was below the five-year average of 87.3%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the January to March period (4Q) is expected to turn into a profit of 8.89 billion yen (compared to a loss of 3.93 billion yen in the same period last year).
In the most recent three-month period, from October to December (3Q), the consolidated net income grew 10.0% from the same period last year, reaching 10.2 billion yen. The operating profit margin rose from 12.6% in the same period last year to 14.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 286,675 | 30,518 | 30,471 | 21,906 | 194.9 | 73.1 | Feb 9, 2024 | IFRS |
| Apr - Dec, 2024 | 300,842 | 34,709 | 34,704 | 24,235 | 215.6 | 109.1 | Feb 6, 2025 | IFRS |
| Apr - Dec, 2025 | 303,604 | 40,227 | 40,010 | 27,404 | 249.3 | 76.2 | Feb 5, 2026 | IFRS |
| YoY | +0.9% | +15.9% | +15.3% | +13.1% | +15.7% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 213,358 | 9,784 | 10,417 | 5,373 | 47.8 | 46 | May 8, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 226,704 | 28,600 | 27,936 | 19,126 | 174.8 | 56 | Nov 7, 2025 | IFRS |
| YoY | +6.3% | +192.3% | +168.2% | +256.0% | +265.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 384,825 | 41,232 | 41,686 | 29,189 | 259.7 | 84 | May 9, 2024 | IFRS |
| Mar, 2025 | 408,888 | 31,275 | 31,821 | 20,305 | 180.7 | 92 | May 8, 2025 | IFRS |
| Mar, 2026 Guidance | 425,000 | 53,500 | 52,500 | 36,300 | 331.7 | 112 | May 8, 2025 | IFRS |
| YoY | +3.9% | +71.1% | +65.0% | +78.8% | +83.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 105,312 | 13,218 | 13,300 | 9,303 | 82.7 | 12.6 | Feb 6, 2025 | IFRS |
| Jan - Mar, 2025 | 108,046 | -3,434 | -2,883 | -3,930 | -35.0 | -3.2 | May 8, 2025 | IFRS |
| Apr - Jun, 2025 | 91,926 | 8,803 | 8,638 | 5,639 | 50.8 | 9.6 | Aug 6, 2025 | IFRS |
| Jul - Sep, 2025 | 106,370 | 16,097 | 15,926 | 11,535 | 104.7 | 15.1 | Nov 7, 2025 | IFRS |
| Oct - Dec, 2025 | 105,308 | 15,327 | 15,446 | 10,230 | 93.1 | 14.6 | Feb 5, 2026 | IFRS |
| YoY | 0.0% | +16.0% | +16.1% | +10.0% | +12.5% |
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