KAWASAKI SETSUBI, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 56%, Oct-Dec Ordinary Profit Increases by 6%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Jan 31, 2025 1:00 pm JST Earnings

1777 KAWASAKI SETSUBI KOGYO CO., LTD. 【J-GAAP】

Earnings Report

KAWASAKI SETSUBI KOGYO CO., LTD. <1777> [NSE Main] announced its financial results in the afternoon session on January 31st (13:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 1.15 billion yen, an increase 56.4% compared to the same period last year. However, the progress rate toward the full-year plan of 1.82 billion yen was 63.6%, almost the same as the five-year average of 65.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the January to March period (4Q) is expected to grow 8.0% from the same period last year, reaching 0.66 billion yen.

In the most recent three-month period, from October to December (3Q), the ordinary profit grew 6.3% from the same period last year, reaching 0.53 billion yen. However, the operating profit margin worsened from 8.3% in the same period last year to 7.1%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	14,146	630	655	425	35.5	61.0	Jan 30, 2023	J-GAAP
Apr - Dec, 2023	15,615	725	740	485	40.6	54.7	Jan 31, 2024	J-GAAP
Apr - Dec, 2024	18,395	1,133	1,157	744	62.2	63.6	Jan 31, 2025	J-GAAP
YoY	+17.8%	+56.3%	+56.4%	+53.4%	+53.3%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	12,841	1,104	1,118	696	58.2	14	Apr 26, 2024	J-GAAP
Oct - Mar, 2024 Guidance	16,474	1,091	1,199	828	69.2	20	Oct 31, 2024	J-GAAP
YoY	+28.3%	-1.2%	+7.2%	+19.0%	+18.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	20,809	1,040	1,074	707	59.1	18	Apr 28, 2023	J-GAAP
Mar, 2024	22,482	1,333	1,354	845	70.7	22	Apr 26, 2024	J-GAAP
Mar, 2025 Guidance	27,500	1,700	1,820	1,210	101.1	31	Oct 31, 2024	J-GAAP
YoY	+22.3%	+27.5%	+34.4%	+43.2%	+43.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	5,974	496	504	336	28.1	8.3	Jan 31, 2024	J-GAAP
Jan - Mar, 2024	6,867	608	614	360	30.1	8.9	Apr 26, 2024	J-GAAP
Apr - Jun, 2024	4,617	151	158	102	8.5	3.3	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	6,409	458	463	280	23.5	7.1	Oct 31, 2024	J-GAAP
Oct - Dec, 2024	7,369	524	536	362	30.3	7.1	Jan 31, 2025	J-GAAP
YoY	+23.4%	+5.6%	+6.3%	+7.7%	+7.6%