Kao, 8% Increase in Net Income for The Current Fiscal Year, Dividend Raised by 2 yen

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.

Thu Feb 6, 2025 3:30 pm JST Earnings

4452 Kao Corporation 【IFRS】

Earnings Report

Kao Corporation <4452> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 6th (15:30). The consolidated net income for the fiscal year ending December 2024 surged by 2.5 times that of the previous term, reaching 107 billion yen. In the fiscal year ending December 2025, the profit is expected to grow by 7.6% to 116 billion yen.

At the same time, the company has decided to increase the dividend this fiscal year to 154 yen, an increase of 2 yen from the previous fiscal year.

In the most recent three-month period, from October to December (4Q), the consolidated net income surged 3.2 times that of the same period last year, reaching 36.7 billion yen. The operating profit margin drastically improved from 2.3% in the same period last year to 10.4%.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	1,551,059	110,071	115,848	86,038	183.3	148	Feb 2, 2023	IFRS
Dec, 2023	1,532,579	60,035	63,842	43,870	94.4	150	Feb 7, 2024	IFRS
Dec, 2024	1,628,448	146,644	151,024	107,767	231.9	152	Feb 6, 2025	IFRS
YoY	+6.3%	+144.3%	+136.6%	+145.7%	+145.8%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Guidance	1,600,000	140,000	147,000	104,000	223.9	152	Aug 8, 2024	IFRS
Dec, 2024 Results	1,628,448	146,644	151,024	107,767	231.9	152	Feb 6, 2025	IFRS
Revision Rate	+1.8%	+4.7%	+2.7%	+3.6%	+3.6%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan - Jun, 2024	787,987	57,939	64,408	43,413	93.4	76	Aug 8, 2024	IFRS
Jan - Jun, 2025 Guidance	ー	ー	ー	ー	－	77	Feb 6, 2025	IFRS
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	1,532,579	60,035	63,842	43,870	94.4	150	Feb 7, 2024	IFRS
Dec, 2024	1,628,448	146,644	151,024	107,767	231.9	152	Feb 6, 2025	IFRS
Dec, 2025 Guidance	1,670,000	160,000	163,000	116,000	249.7	154	Feb 6, 2025	IFRS
YoY	+2.6%	+9.1%	+7.9%	+7.6%	+7.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	406,696	9,330	9,260	11,328	24.4	2.3	Feb 7, 2024	IFRS
Jan - Mar, 2024	365,797	21,984	24,764	16,470	35.4	6.0	May 9, 2024	IFRS
Apr - Jun, 2024	422,190	35,955	39,644	26,943	58.0	8.5	Aug 8, 2024	IFRS
Jul - Sep, 2024	402,024	43,116	39,608	27,614	59.4	10.7	Nov 7, 2024	IFRS
Oct - Dec, 2024	438,437	45,589	47,008	36,740	79.1	10.4	Feb 6, 2025	IFRS
YoY	+7.8%	+388.6%	+407.6%	+224.3%	+224.5%