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KUDO, Jul-Mar (Cumulative 3Q) Ordinary Profit Increases by 2.1 times
1764 KUDO CORPORATION 【J-GAAP】
Earnings ReportKUDO CORPORATION <1764> [TSE Std] announced its financial results after the market closed on May 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending June 2025 (July 2024 to March 2025) surged 2.1 times that of the previous period non-consolidated to 421 million yen. The progress rate toward the full-year plan of 525 million yen was 80.2%, also surpassing the five-year average of 51.9%.
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 April to June period (4Q) is expected to drop 45.8% from the previous period non-consolidated to 104 million yen.
In the most recent three-month period, from January to March (3Q), the consolidated ordinary profit decreased to 139 million yen, a 22.8% decrease compared to the same period last year. The operating profit margin worsened from 3.3% in the same period last year to 2.0%.
Note: Since the current fiscal year, the company has transitioned to consolidated financial statements.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Mar, 2022 | 14,180 | 159 | 149 | 70 | 56.4 | 48.7 | May 10, 2023 | J-GAAP |
| Jul - Mar, 2023 | 14,632 | 216 | 205 | 119 | 95.5 | 51.6 | May 9, 2024 | J-GAAP |
| Jul - Mar, 2024 | 16,065 | 447 | 421 | 320 | 258.0 | 80.2 | May 14, 2025 | J-GAAP |
| YoY | +9.8% | +106.9% | +105.4% | +168.9% | +170.1% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2024 | 10,794 | 373 | 372 | 172 | 138.2 | 100 | Aug 9, 2024 | J-GAAP |
| Jan - Jun, 2025 Guidance | 11,768 | 298 | 243 | 95 | 76.4 | 100 | Feb 14, 2025 | J-GAAP |
| YoY | +9.0% | -20.1% | -34.7% | -44.8% | -44.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2023 | 19,579 | 333 | 306 | 135 | 108.2 | 100 | Aug 10, 2023 | J-GAAP |
| Jun, 2024 | 20,510 | 427 | 397 | 175 | 140.6 | 100 | Aug 9, 2024 | J-GAAP |
| Jun, 2025 Guidance | 22,151 | 632 | 525 | 338 | 271.8 | 100 | Aug 9, 2024 | J-GAAP |
| YoY | +8.0% | +48.0% | +32.2% | +93.1% | +93.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2024 | 4,916 | 162 | 180 | 116 | 93.1 | 3.3 | May 9, 2024 | J-GAAP |
| Apr - Jun, 2024 | 5,878 | 211 | 192 | 56 | 45.0 | 3.6 | Aug 9, 2024 | J-GAAP |
| Jul - Sep, 2024 | 4,964 | 199 | 165 | 174 | 139.8 | 4.0 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 5,419 | 135 | 117 | 69 | 55.7 | 2.5 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 5,682 | 113 | 139 | 77 | 62.1 | 2.0 | May 14, 2025 | J-GAAP |
| YoY | +15.6% | -30.2% | -22.8% | -33.6% | -33.3% |
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