Aica Kogyo (4206) Q4 2024 earnings summary

Executive summary

• Achieved record highs in net sales, operating profit, ordinary profit, and net income for FY2024, with all major profit metrics increasing for the fourth consecutive year.

• Net sales rose 5.1% year-over-year to ¥248,696 million for the fiscal year ended March 31, 2025, with operating profit up 8.4% to ¥27,408 million and net income attributable to owners of parent up 11.6% to ¥16,896 million.

• Continued strong performance in both chemical products and laminates & building materials segments, with notable overseas sales growth.

• Comprehensive income increased 4.6% year-over-year to ¥27,374 million.

• Dividend per share for FY2025 was raised to ¥70 at year-end, with total annual dividends of ¥126 per share.

Financial highlights

• Net sales rose 5.1% year-over-year to ¥248,696 million.

• Operating profit increased 8.4% year-over-year to ¥27,408 million, with an 11.0% margin.

• Ordinary profit grew 9.7% year-over-year to ¥28,668 million, with an 11.5% margin.

• Net income attributable to owners of parent climbed 11.6% year-over-year to ¥16,896 million, with a 6.8% margin.

• Gross profit increased to ¥67,906 million from ¥64,139 million year-over-year.

Outlook and guidance

• FY2025 net sales forecasted at ¥265,000 million (+6.6% year-over-year).

• Operating profit projected at ¥29,000 million (+5.8% year-over-year), ordinary profit at ¥30,000 million (+4.6%), and net income at ¥18,300 million (+8.3%).

• Annual dividend forecast for FY2026 is ¥136 per share.

• Profit margins expected to remain stable, with continued focus on high value-added products and overseas expansion.