Kohoku KogyoLTD Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Kohoku KogyoLTD (TSE:6524) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥15.9b (up 18% from FY 2023).
• Net income: JP¥3.25b (up 71% from FY 2023).
• Profit margin: 20% (up from 14% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥120 (up from JP¥70.55 in FY 2023).

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

Kohoku KogyoLTD EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 12%.

The primary driver behind last 12 months revenue was the Lead Terminal Business segment contributing a total revenue of JP¥8.40b (53% of total revenue). Notably, cost of sales worth JP¥9.04b amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to JP¥2.94b (81% of total expenses). Explore how 6524's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan.

Performance of the Japanese Electronic industry.

The company's shares are down 15% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Kohoku KogyoLTD, and understanding it should be part of your investment process.

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