Kato Sangyo (9869) Q4 2024 earnings summary

Executive summary

• Operating revenue rose 6.4% year-over-year to ¥1,169.8 billion for the year ended September 30, 2024.

• Operating profit increased 0.7% to ¥16.9 billion, while ordinary profit grew 1.1% to ¥18.7 billion year-over-year.

• Profit attributable to owners of parent surged 20.5% to ¥14.5 billion compared to the previous year.

• Comprehensive income reached ¥19.9 billion, up from ¥18.8 billion in the prior year.

Financial highlights

• Gross profit improved to ¥83.4 billion from ¥78.0 billion year-over-year.

• Net assets increased to ¥162.9 billion, with an equity ratio of 34.2% as of September 30, 2024.

• Cash and cash equivalents at year-end were ¥90.3 billion, up from ¥83.5 billion.

• Earnings per share rose to ¥453.05 from ¥356.94 year-over-year.

• Annual dividend per share increased to ¥140.00, with a payout ratio of 36.9%.

Outlook and guidance

• Full-year operating revenue for FY2025 is forecast at ¥1,208.0 billion, up 3.3% year-over-year.

• Profit attributable to owners of parent is projected to decline 18.2% to ¥11.8 billion, with EPS expected at ¥379.71.

• Operating profit is forecast to decrease 1.2% to ¥16.7 billion, and ordinary profit to fall 2.1% to ¥18.3 billion.