kabutan

KITZ, 2% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term, Increased Previous Year's Dividend by 5 yen, Plan to Continue the 46 yen Policy This Fiscal Year as Well

Thu Feb 13, 2025 2:30 pm JST Earnings

6498 KITZ CORPORATION 【J-GAAP】

Earnings Report

KITZ CORPORATION <6498> [TSE Prime] announced its financial results in the afternoon session on February 13th (14:30). The consolidated ordinary profit for the fiscal year ending December 2024 increased 5.7% from the previous period to 15.2 billion yen. In the fiscal year ending December 2025, the profit is expected to grow by 2.1% to 15.6 billion yen, marking the fourth consecutive term of record-high profits. This will be the fourth consecutive term of revenue and profit growth.

At the same time, the company increased the annual dividend for the previous term from 41 yen to 46 yen (compared to 41 yen in the prior term), and has decided to continue with a dividend of 46 yen for the current term as well.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit increased 31.0% from the same period last year, reaching 3.83 billion yen. The operating profit margin improved from 6.8% in the same period last year to 7.5%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 159,914 11,051 12,045 8,549 95.4 33 Feb 13, 2023 J-GAAP
Dec, 2023 166,941 13,687 14,452 10,591 118.1 41 Feb 13, 2024 J-GAAP
Dec, 2024 172,042 14,220 15,276 11,824 132.6 46 Feb 13, 2025 J-GAAP
YoY +3.1% +3.9% +5.7% +11.6% +12.3%

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 170,000 14,500 14,800 10,600 121.9 41 Feb 13, 2024 J-GAAP
Dec, 2024 Results 172,042 14,220 15,276 11,824 132.6 46 Feb 13, 2025 J-GAAP
Revision Rate +1.2% -1.9% +3.2% +11.5% +8.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 83,797 6,508 7,347 5,420 60.4 19 Aug 2, 2024 J-GAAP
Jan - Jun, 2025 Guidance 86,100 6,600 7,100 5,000 57.5 19 Feb 13, 2025 J-GAAP
YoY +2.7% +1.4% -3.4% -7.7% -4.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 166,941 13,687 14,452 10,591 118.1 41 Feb 13, 2024 J-GAAP
Dec, 2024 172,042 14,220 15,276 11,824 132.6 46 Feb 13, 2025 J-GAAP
Dec, 2025 Guidance 180,000 15,000 15,600 11,200 128.8 46 Feb 13, 2025 J-GAAP
YoY +4.6% +5.5% +2.1% -5.3% -2.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 43,583 2,985 2,924 2,064 23.0 6.8 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 40,211 2,812 3,340 2,507 28.0 7.0 May 13, 2024 J-GAAP
Apr - Jun, 2024 43,586 3,696 4,007 2,913 32.5 8.5 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 43,498 4,334 4,098 3,594 40.1 10.0 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 44,747 3,378 3,831 2,810 31.5 7.5 Feb 13, 2025 J-GAAP
YoY +2.7% +13.2% +31.0% +36.1% +37.0%

Related Articles