kabutan

KADOKAWA, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 28%, Exceeds Full-Year Plan

Thu Feb 6, 2025 3:30 pm JST Earnings

9468 KADOKAWA CORPORATION 【J-GAAP】

Earnings Report

KADOKAWA CORPORATION <9468> [TSE Prime] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 28.5% from the same period last year, reaching 17.2 billion yen. The progress rate toward the full-year plan of 16.2 billion yen is 106.3%, already exceeding the target and also exceeding the five-year average of 83.1%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the January to March period (4Q) is expected to turn into a loss of 1.02 billion yen (compared to a profit of 6.82 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 85.5% from the same period last year, reaching 7.45 billion yen. However, the operating profit margin remained almost flat, changing from 7.5% in the same period last year to 7.4%.

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 189,727 19,429 21,588 12,159 87.2 80.9 Feb 2, 2023 J-GAAP
Apr - Dec, 2023 187,024 13,334 13,408 6,313 46.0 66.3 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 206,587 15,838 17,226 7,366 54.8 106.3 Feb 6, 2025 J-GAAP
YoY +10.5% +18.8% +28.5% +16.7% +19.0%

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 133,902 9,850 10,847 7,259 53.2 30 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 135,380 5,674 6,429 5,904 40.3 30 Nov 7, 2024 J-GAAP
YoY +1.1% -42.4% -40.7% -18.7% -24.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 255,429 25,931 26,669 12,679 90.9 30 May 11, 2023 J-GAAP
Mar, 2024 258,109 18,454 20,236 11,384 83.4 30 May 9, 2024 J-GAAP
Mar, 2025 Guidance 271,700 16,300 16,200 9,000 61.4 30 Nov 7, 2024 J-GAAP
YoY +5.3% -11.7% -19.9% -20.9% -26.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 62,817 4,730 4,019 2,188 16.0 7.5 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 71,085 5,120 6,828 5,071 37.2 7.2 May 9, 2024 J-GAAP
Apr - Jun, 2024 65,860 6,029 7,699 3,454 25.7 9.2 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 70,460 4,597 2,072 -358 -2.7 6.5 Nov 7, 2024 J-GAAP
Oct - Dec, 2024 70,267 5,212 7,455 4,270 31.8 7.4 Feb 6, 2025 J-GAAP
YoY +11.9% +10.2% +85.5% +95.2% +99.0%

Related Articles