Tokyo Ohka Kogyo Full Year 2024 Earnings: Beats Expectations

Tokyo Ohka Kogyo (TSE:4186) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥201.0b (up 24% from FY 2023).
• Net income: JP¥22.7b (up 78% from FY 2023).
• Profit margin: 11% (up from 7.8% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥187 (up from JP¥105 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tokyo Ohka Kogyo Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 7.8%.

Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan.

Performance of the Japanese Chemicals industry.

The company's shares are up 11% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Tokyo Ohka Kogyo's balance sheet and an in-depth analysis of the company's financial position.

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