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KITAGAWA SEIKI, First Half Ordinary Profit Increases by 35%
6327 KITAGAWA SEIKI CO.,LTD. 【J-GAAP】
Earnings ReportKITAGAWA SEIKI CO.,LTD. <6327> [TSE Std] announced its financial results after the market closed on February 6th (15:35). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2026 (July to December) expanded 560 million yen, an increase 34.6% compared to the same period last year. Progress toward the full-year plan of 860 million yen was 65.1%, also surpassing the five-year average of 47.3%.
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 January to June period (second half) is expected to expand 63.9% from the same period last year, reaching 300 million yen.
In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit dropped to 335 million yen, a 42.1% decrease compared to the same period last year. The operating profit margin decreased from 21.0% in the same period last year to 19.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2023 | 3,317 | 451 | 446 | 374 | 52.7 | 52.4 | Feb 9, 2024 | J-GAAP |
| Jul - Dec, 2024 | 2,913 | 427 | 416 | 285 | 35.2 | 69.4 | Feb 7, 2025 | J-GAAP |
| Jul - Dec, 2025 | 2,718 | 506 | 560 | 386 | 47.4 | 65.1 | Feb 6, 2026 | J-GAAP |
| YoY | -6.7% | +18.5% | +34.6% | +35.4% | +34.9% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2025 Guidance | 2,700 | 500 | 550 | 380 | 46.5 | 0 | Jan 22, 2026 | J-GAAP |
| Jul - Dec, 2025 Results | 2,718 | 506 | 560 | 386 | 47.4 | 0 | Feb 6, 2026 | J-GAAP |
| Revision Rate | +0.7% | +1.2% | +1.8% | +1.6% | +2.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 3,314 | 196 | 183 | 109 | 13.4 | 12 | Aug 18, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 3,882 | 304 | 300 | 204 | 25.0 | 14 | Feb 6, 2026 | J-GAAP |
| YoY | +17.1% | +55.1% | +63.9% | +87.2% | +86.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2024 | 5,933 | 815 | 851 | 632 | 85.1 | 10 | Aug 19, 2024 | J-GAAP |
| Jun, 2025 | 6,227 | 623 | 599 | 394 | 48.5 | 12 | Aug 18, 2025 | J-GAAP |
| Jun, 2026 Guidance | 6,600 | 810 | 860 | 590 | 72.2 | 14 | Jan 22, 2026 | J-GAAP |
| YoY | +6.0% | +30.0% | +43.6% | +49.7% | +48.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,572 | 541 | 579 | 400 | 49.4 | 21.0 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 776 | 16 | 4 | 4 | 0.5 | 2.1 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 2,538 | 180 | 179 | 105 | 12.9 | 7.1 | Aug 18, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,151 | 203 | 225 | 154 | 19.0 | 17.6 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,567 | 303 | 335 | 232 | 28.5 | 19.3 | Feb 6, 2026 | J-GAAP |
| YoY | -39.1% | -44.0% | -42.1% | -42.0% | -42.2% |
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