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Katakura Industries Co.,Ltd., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 0.3％, Current Fiscal Year Dividend Revised Upward by 30 yen

Mon Nov 11, 2024 4:00 pm JST Earnings

3001 Katakura Industries Co.,Ltd. 【J-GAAP】

Earnings Report

Katakura Industries Co.,Ltd. <3001> [TSE-S] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) was 4.03 billion yen, a 0.3% increase compared to the same period last year. The progress rate against the 4.6 billion yen full-year plan was 87.6%, also surpassing the five-year average of 80.2%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to drop by 45.8% from the same period last year to 570 million yen.

At the same time, the company has significantly increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 20 yen to 50 yen (compared to 20 yen in the previous period).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 1.17 billion yen, a 9.1% decrease compared to the same period last year. However, the operating profit margin rose from 10.9% in the same period last year to 11.4%.

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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
Jan - Sep, 2022 24,861 555 1,363 2,013 60.7 52.8 Nov 10, 2022 J-GAAP
Jan - Sep, 2023 30,448 3,175 4,017 2,710 81.8 79.3 Nov 9, 2023 J-GAAP
Jan - Sep, 2024 28,593 3,128 4,030 2,558 77.9 87.6 Nov 11, 2024 J-GAAP
YoY -6.1% -1.5% +0.3% -5.6% -4.7%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Prev 21,049 1,490 1,744 1,160 36.0 20 Aug 8, 2024 J-GAAP
Jul - Dec, 2024 New 21,049 1,490 1,744 1,160 36.0 50 Nov 11, 2024 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 40,700 3,600 4,600 3,000 93.0 20 Feb 15, 2024 J-GAAP
Dec, 2024 New 40,700 3,600 4,600 3,000 93.0 50 Nov 11, 2024 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2023 19,356 1,699 2,342 1,063 32.1 20 Feb 15, 2024 J-GAAP
Jul - Dec, 2024 Guidance 21,049 1,490 1,744 1,160 36.0 50 Nov 11, 2024 J-GAAP
YoY +8.7% -12.3% -25.5% +9.1% +12.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 34,274 1,369 2,582 2,817 84.9 16 Feb 15, 2023 J-GAAP
Dec, 2023 39,972 3,803 5,068 3,045 91.9 20 Feb 15, 2024 J-GAAP
Dec, 2024 Guidance 40,700 3,600 4,600 3,000 93.0 50 Nov 11, 2024 J-GAAP
YoY +1.8% -5.3% -9.2% -1.5% +1.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 9,832 1,071 1,291 728 22.0 10.9 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 9,524 628 1,051 335 10.1 6.6 Feb 15, 2024 J-GAAP
Jan - Mar, 2024 10,560 987 1,239 954 28.9 9.3 May 13, 2024 J-GAAP
Apr - Jun, 2024 9,091 1,123 1,617 886 26.9 12.4 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 8,942 1,018 1,174 718 21.9 11.4 Nov 11, 2024 J-GAAP
YoY -9.1% -4.9% -9.1% -1.4% -0.5%

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