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KOHOKU KOGYO, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 6%
6524 KOHOKU KOGYO CO.,LTD. 【J-GAAP】
Earnings ReportKOHOKU KOGYO CO.,LTD. <6524> [TSE Std] announced its financial results after the market closed on August 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) significantly dropped 52.9% from the same period last year to 1.29 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has decreased 5.8%, from the previous forecast of 4.47 billion yen to 4.21 billion yen (compared to 4.85 billion yen in the previous period), leading to an increase in the profit decline rate from 7.9% to 13.2%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to expand 38.8% from the same period last year, reaching 2.91 billion yen.
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit dropped to 0.99 billion yen, a 38.6% decrease compared to the same period last year. The operating profit margin decreased from 26.9% in the same period last year to 26.5%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 7,023 | 1,686 | 2,185 | 1,344 | 49.8 | 69.3 | Aug 9, 2023 | J-GAAP |
| Jan - Jun, 2024 | 7,707 | 1,788 | 2,753 | 1,791 | 66.4 | 56.7 | Aug 8, 2024 | J-GAAP |
| Jan - Jun, 2025 | 7,875 | 1,812 | 1,297 | 604 | 23.0 | 30.8 | Aug 7, 2025 | J-GAAP |
| YoY | +2.2% | +1.3% | -52.9% | -66.3% | -65.3% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 7,875 | 1,812 | 1,297 | 604 | 23.3 | 0 | Jul 30, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 7,875 | 1,812 | 1,297 | 604 | 23.0 | 0 | Aug 7, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | -1.2% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 17,919 | 4,586 | 4,474 | 3,006 | 116.0 | 30 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 New | 17,360 | 4,644 | 4,216 | 2,538 | 98.0 | 30 | Aug 7, 2025 | J-GAAP |
| Revision Rate | -3.1% | +1.3% | -5.8% | -15.6% | -15.6% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 8,217 | 2,151 | 2,103 | 1,461 | 54.1 | 30 | Feb 12, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 9,485 | 2,832 | 2,919 | 1,934 | 74.7 | 30 | Aug 7, 2025 | J-GAAP |
| YoY | +15.4% | +31.7% | +38.8% | +32.4% | +37.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 13,472 | 2,812 | 3,152 | 1,904 | 70.6 | 20 | Feb 8, 2024 | J-GAAP |
| Dec, 2024 | 15,924 | 3,939 | 4,856 | 3,252 | 120.5 | 30 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 Guidance | 17,360 | 4,644 | 4,216 | 2,538 | 98.0 | 30 | Aug 7, 2025 | J-GAAP |
| YoY | +9.0% | +17.9% | -13.2% | -22.0% | -18.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 4,294 | 1,153 | 1,623 | 1,067 | 39.5 | 26.9 | Aug 8, 2024 | J-GAAP |
| Jul - Sep, 2024 | 4,430 | 1,386 | 573 | 433 | 16.1 | 31.3 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,787 | 765 | 1,530 | 1,028 | 38.1 | 20.2 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 3,558 | 670 | 301 | 227 | 8.6 | 18.8 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,317 | 1,142 | 996 | 377 | 14.4 | 26.5 | Aug 7, 2025 | J-GAAP |
| YoY | +0.5% | -1.0% | -38.6% | -64.7% | -63.7% |
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