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CKD, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 9%
6407 CKD Corporation 【J-GAAP】
Earnings ReportCKD Corporation <6407> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 9.4% from the same period last year to 12.7 billion yen. However, Progress toward the full-year plan of 16.6 billion yen was 76.7%, also surpassing the five-year average of 70.8%.
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 January to March period (4Q) is expected to decrease 24.4% from the same period last year to 3.86 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 4.83 billion yen, an increase of 0.02% compared to the same period last year. The operating profit margin rose from 11.7% in the same period last year to 11.8%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 100,252 | 9,613 | 9,658 | 6,378 | 95.6 | 74.0 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 115,082 | 13,778 | 14,059 | 9,475 | 141.9 | 73.4 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 112,016 | 12,510 | 12,737 | 8,838 | 132.3 | 76.7 | Feb 13, 2026 | J-GAAP |
| YoY | -2.7% | -9.2% | -9.4% | -6.7% | -6.8% |
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 | 79,873 | 9,854 | 9,944 | 7,180 | 107.5 | 42 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 78,352 | 8,733 | 8,700 | 5,824 | 87.2 | 35 | Nov 14, 2025 | J-GAAP |
| YoY | -1.9% | -11.4% | -12.5% | -18.9% | -18.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 134,425 | 13,113 | 13,048 | 8,338 | 124.9 | 50 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 155,634 | 19,018 | 19,167 | 13,520 | 202.5 | 80 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 151,000 | 16,600 | 16,600 | 11,200 | 167.6 | 67 | Nov 14, 2025 | J-GAAP |
| YoY | -3.0% | -12.7% | -13.4% | -17.2% | -17.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 39,321 | 4,614 | 4,836 | 3,135 | 47.0 | 11.7 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 40,552 | 5,240 | 5,108 | 4,045 | 60.6 | 12.9 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 36,253 | 3,772 | 3,704 | 2,477 | 37.1 | 10.4 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 36,395 | 4,095 | 4,196 | 2,899 | 43.4 | 11.3 | Nov 14, 2025 | J-GAAP |
| Oct - Dec, 2025 | 39,368 | 4,643 | 4,837 | 3,462 | 51.8 | 11.8 | Feb 13, 2026 | J-GAAP |
| YoY | +0.1% | +0.6% | +0.0% | +10.4% | +10.4% |
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