kabutan

KATITAS CO.,LTD, First Half Ordinary Profit Increases by 16%

Wed Nov 6, 2024 3:30 pm JST Earnings

8919 KATITAS CO.,LTD 【J-GAAP】

Earnings Report

KATITAS CO.,LTD <8919> [TSE-P] announced its financial results after the market closed on November 6th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 16.2% from the same period last year, reaching 6.65 billion yen. However, The progress rate against the 13.7 billion yen full-year plan was 48.6%, also falling below the five-year average of 51.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 6.9% from the same period last year, reaching 7.04 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew by 24.3% from the same period last year, reaching 3.64 billion yen. The operating profit margin improved from 9.8% in the same period last year to 11.3%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 59,160 7,436 7,355 4,971 64.3 53.2 Nov 4, 2022 J-GAAP
Apr - Sep, 2023 62,054 5,850 5,729 3,991 51.3 46.5 Nov 6, 2023 J-GAAP
Apr - Sep, 2024 64,010 6,820 6,656 4,535 58.1 48.6 Nov 6, 2024 J-GAAP
YoY +3.2% +16.6% +16.2% +13.6% +13.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 65,100 6,400 6,300 4,300 55.0 28 May 7, 2024 J-GAAP
Apr - Sep, 2024 Results 64,010 6,820 6,656 4,535 58.1 28 Nov 6, 2024 J-GAAP
Revision Rate -1.7% +6.6% +5.7% +5.5% +5.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 64,664 6,822 6,592 4,506 57.9 27 May 7, 2024 J-GAAP
Oct - Mar, 2024 Guidance 70,490 7,180 7,044 4,865 62.2 28 Nov 6, 2024 J-GAAP
YoY +9.0% +5.2% +6.9% +8.0% +7.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 121,341 14,060 13,833 6,091 78.7 49 May 9, 2023 J-GAAP
Mar, 2024 126,718 12,672 12,321 8,497 109.2 54 May 7, 2024 J-GAAP
Mar, 2025 Guidance 134,500 14,000 13,700 9,400 120.2 56 May 7, 2024 J-GAAP
YoY +6.1% +10.5% +11.2% +10.6% +10.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 30,441 2,990 2,931 1,871 24.1 9.8 Nov 6, 2023 J-GAAP
Oct - Dec, 2023 31,615 3,513 3,378 2,314 29.8 11.1 Feb 7, 2024 J-GAAP
Jan - Mar, 2024 33,049 3,309 3,214 2,192 28.2 10.0 May 7, 2024 J-GAAP
Apr - Jun, 2024 31,195 3,107 3,014 2,049 26.3 10.0 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 32,815 3,713 3,642 2,486 31.8 11.3 Nov 6, 2024 J-GAAP
YoY +7.8% +24.2% +24.3% +32.9% +32.3%

Related Articles