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KAWAGUCHI CHEMICAL INDUSTRY CO.,LTD., December-August (Third Quarter Cumulative) Ordinary Profit Increases by 33%, June-Augus Ordinary Profit Increases by 27%

Fri Oct 11, 2024 3:00 pm JST Earnings

4361 KAWAGUCHI CHEMICAL INDUSTRY CO.,LTD. 【J-GAAP】

Earnings Report

KAWAGUCHI CHEMICAL INDUSTRY CO.,LTD. <4361> [TSE-S] announced its financial results after the market closed on October 11th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) expanded to 277 million yen, an increase of 33.2% compared to the same period last year. The progress rate against the 300 million yen full-year plan was 92.3%, also surpassing the five-year average of 71.4%.

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 September to November period (4Q) is expected to significant drop by 83.1% from the same period last year to 23 million yen.

In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit grew by 26.9% from the same period last year, reaching 66 million yen. However, the operating profit margin remained almost flat, changing from 3.1% in the same period last year to 2.8%.

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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
Dec - Aug, 2021 6,086 331 344 265 218.1 113.9 Oct 4, 2022 J-GAAP
Dec - Aug, 2022 6,171 216 208 158 129.9 60.5 Oct 4, 2023 J-GAAP
Dec - Aug, 2023 6,452 264 277 242 199.6 92.3 Oct 11, 2024 J-GAAP
YoY +4.6% +22.2% +33.2% +53.2% +53.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2023 4,404 197 188 135 111.1 50 Jan 15, 2024 J-GAAP
Jun - Nov, 2024 Guidance 4,752 98 89 8 6.6 50 Jul 3, 2024 J-GAAP
YoY +7.9% -50.3% -52.7% -94.1% -94.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2022 8,368 293 302 218 179.8 50 Jan 13, 2023 J-GAAP
Nov, 2023 8,610 353 344 255 209.9 50 Jan 15, 2024 J-GAAP
Nov, 2024 Guidance 9,000 300 300 200 164.3 50 Jan 15, 2024 J-GAAP
YoY +4.5% -15.0% -12.8% -21.6% -21.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 1,965 60 52 38 31.2 3.1 Oct 4, 2023 J-GAAP
Sep - Nov, 2023 2,439 137 136 97 79.8 5.6 Jan 15, 2024 J-GAAP
Dec - Feb, 2023 1,999 67 66 49 40.8 3.4 Apr 3, 2024 J-GAAP
Mar - May, 2024 2,249 135 145 143 118.0 6.0 Jul 3, 2024 J-GAAP
Jun - Aug, 2024 2,204 62 66 50 41.2 2.8 Oct 11, 2024 J-GAAP
YoY +12.2% +3.3% +26.9% +31.6% +32.0%

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