Kawasaki Kisen, The Current Fiscal Year Ordinary Profit Revised Upward by 25%

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.

Tue Feb 4, 2025 3:30 pm JST Earnings

9107 Kawasaki Kisen Kaisha, Ltd. 【J-GAAP】

Earnings Report

Kawasaki Kisen Kaisha, Ltd. <9107> [TSE Prime] announced its financial results after the market closed on February 4th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) surged 2.9 times that of the same period last year, reaching 288 billion yen.

In addition, the full-year consolidated ordinary profit has been revised upward 25.0%, from the previous forecast of 240 billion yen to 300 billion yen (compared to 135 billion yen in the previous period), increasing the growth rate from 76.7% to 2.2 times.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (2H) is expected to increase 2.1 times, from the previous forecast of 52.6 billion yen to 112 billion yen (compared to 53.2 billion yen in the same period of the previous year), turning to a 2.1 times increase in the consolidated ordinary profit outlook.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 6.4 times that of the same period last year, reaching 101 billion yen. The operating profit margin rose from 10.0% in the same period last year to 11.7%.

Kabutan News

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
Apr - Dec, 2022	728,791	80,593	641,914	638,221	769.1	92.9	Feb 3, 2023	J-GAAP
Apr - Dec, 2023	715,410	70,173	98,515	74,162	102.2	74.2	Feb 2, 2024	J-GAAP
Apr - Dec, 2024	804,959	92,245	288,854	284,711	423.2	96.3	Feb 4, 2025	J-GAAP
YoY	+12.5%	+31.5%	+193.2%	+283.9%	+314.1%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	491,985	44,860	52,675	51,782	82.0	50	Nov 5, 2024	J-GAAP
Oct - Mar, 2024 New	511,985	44,860	112,675	111,782	177.0	50	Feb 4, 2025	J-GAAP
Revision Rate	+4.1%	0.0%	+113.9%	+115.9%	+115.9%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	1,030,000	106,000	240,000	235,000	372.0	100	Nov 5, 2024	J-GAAP
Mar, 2025 New	1,050,000	106,000	300,000	295,000	467.0	100	Feb 4, 2025	J-GAAP
Revision Rate	+1.9%	0.0%	+25.0%	+25.5%	+25.5%

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	501,607	39,944	50,132	41,186	57.1	50	May 7, 2024	J-GAAP
Oct - Mar, 2024 Guidance	511,985	44,860	112,675	111,782	177.0	50	Feb 4, 2025	J-GAAP
YoY	+2.1%	+12.3%	+124.8%	+171.4%	+210.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	942,606	78,857	690,839	694,904	857.0	133.33	May 8, 2023	J-GAAP
Mar, 2024	957,939	84,154	132,728	101,989	141.4	83.33	May 7, 2024	J-GAAP
Mar, 2025 Guidance	1,050,000	106,000	300,000	295,000	467.0	100	Feb 4, 2025	J-GAAP
YoY	+9.6%	+26.0%	+126.0%	+189.2%	+230.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	259,078	25,963	15,919	13,359	18.4	10.0	Feb 2, 2024	J-GAAP
Jan - Mar, 2024	242,529	13,981	34,213	27,827	38.6	5.8	May 7, 2024	J-GAAP
Apr - Jun, 2024	267,609	30,717	74,846	72,543	104.7	11.5	Aug 2, 2024	J-GAAP
Jul - Sep, 2024	270,406	30,423	112,479	110,675	162.2	11.3	Nov 5, 2024	J-GAAP
Oct - Dec, 2024	266,944	31,105	101,529	101,493	150.9	11.7	Feb 4, 2025	J-GAAP
YoY	+3.0%	+19.8%	+537.8%	+659.7%	+719.4%