DAIICHI KIGENSO, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 24%, Exceeds Full-Year Plan

DAIICHI KIGENSO KAGAKU-KOGYO CO.,LTD <4082> [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 2025 (April to December) decreased 23.8% from the same period last year to 1.99 billion yen. However, the progress rate toward the full-year plan of 1.4 billion yen is 142.3%, already exceeding the target and also exceeding the five-year average of 72.9%.

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/loss for the January to March period (4Q) is expected to turn into a loss of 0.59 billion yen (compared to a profit of 0.32 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 1.97 billion yen (compared to a loss of 0.2 billion yen in the same period last year). However, the operating profit margin decreased from 10.1% in the same period last year to 9.6%.

Kabutan News