Importance Score: 35 / 100 🔵
Harima Kyowa Co Ltd Reports Nine-Month Financial Highlights
Tokyo, Japan – Harima Kyowa Co Ltd has announced its consolidated financial results for the nine-month period ending December 31, 2024. The report showcases an increase in both sales and profits compared to the corresponding period last year, alongside positive forecasts for the fiscal year ending March 2025. Key financial indicators, including sales, operating income, recurring income, and net income, all demonstrated growth, reflecting a positive trajectory for the company.
Key Financial Performance Indicators
The company’s financial performance over the nine-month period is detailed below:
- Sales Revenue: ¥48.75 billion, a 4.2% increase from ¥46.77 billion in the same period last year. The forecast for the year ending March 31, 2025, is projected at ¥62.50 billion, representing a 1.5% rise.
- Operating Income: ¥1.65 billion, marking a substantial 21.1% increase from ¥1.36 billion year-on-year. The operating income forecast for the fiscal year is ¥1.88 billion, anticipating a 3.1% growth.
- Recurring Income: Reached ¥1.68 billion, an 8.6% improvement from ¥1.54 billion in the prior year. The full-year forecast for recurring income is set at ¥2.10 billion, indicating a 2.4% increase.
- Net Income: Stood at ¥1.12 billion, up 7.9% from ¥1.03 billion. The company projects a net income of ¥1.45 billion for the fiscal year, a 3.1% rise.
Earnings Per Share and Dividends
Earnings per share (EPS) for the nine-month period reached ¥207.41, compared to ¥192.34 in the previous year. The forecasted EPS for the fiscal year is ¥269.81.
Regarding dividends, the company declared an annual dividend of ¥45.00 per share. Second-quarter dividends were nil, and fourth-quarter dividends are also set at ¥45.00 per share. This compares to an annual dividend of ¥50.00 and a fourth-quarter dividend of ¥50.00 in the previous fiscal year.
Forecast and Outlook
Harima Kyowa Co Ltd’s latest financial results indicate a positive trend with increased sales and profitability. The company’s forecasts suggest continued growth across key financial metrics for the fiscal year ending March 2025.