Kin-Ei Corp., First Half Ordinary Profit Revised Upward by 71%, Full Year also Increased

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Thu Sep 5, 2024 3:00 pm JST Revision

9636 Kin-Ei Corp. 【J-GAAP】

Guidance Update Report

Kin-Ei Corp. <9636> [TSE-S] announced a performance revision after the market closed on September 5th (15:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending January 2025 (February to July) has been revised upward by 71.0%, from the previous forecast of 100 million yen to 171 million yen (compared to 172 million yen in the same period of the previous year), and the declining rate is expected to decrease from 41.9% to 0.6%.

Following the strong performance in the first half, the full-year ordinary profit has been revised upward by 19.0%, from the previous forecast of 210 million yen to 250 million yen (compared to 254 million yen in the previous period), and the declining rate is expected to decrease from 17.3% to 1.6%.

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb - Jul, 2024 Prev	1,700	100	100	60	21.5	0	Mar 15, 2024	J-GAAP
Feb - Jul, 2024 New	1,795	169	171	117	42.0	0	Sep 5, 2024	J-GAAP
Revision Rate	+5.6%	+69.0%	+71.0%	+95.0%	+95.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2025 Prev	3,490	210	210	130	46.6	10	Mar 15, 2024	J-GAAP
Jan, 2025 New	3,520	240	250	155	55.6	10	Sep 5, 2024	J-GAAP
Revision Rate	+0.9%	+14.3%	+19.0%	+19.2%	+19.2%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb - Jul, 2023	1,833	172	172	117	42.3	0	Sep 8, 2023	J-GAAP
Feb - Jul, 2024 Guidance	1,795	169	171	117	42.0	0	Sep 5, 2024	J-GAAP
YoY	-2.1%	-1.7%	-0.6%	0.0%	-0.8%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2023	3,344	174	183	124	44.7	10	Mar 14, 2023	J-GAAP
Jan, 2024	3,570	255	254	154	55.6	10	Mar 15, 2024	J-GAAP
Jan, 2025 Guidance	3,520	240	250	155	55.6	10	Sep 5, 2024	J-GAAP
YoY	-1.4%	-5.9%	-1.6%	+0.6%	+0.0%