2025年1月期通期の連結業績予想については、売上高が前期比23.7%増の72.50億円、営業利益が同34.8%増の11.00億円、経常利益が同34.9%増の10.95億円、親会社株主に帰属する当期純利益が同45.1%増の7.70億円とする期初計画を据え置いている。Kamakura Shingi (6184) announced its consolidated financial results for the second quarter of the fiscal year ending January 2025 (February to July 24). Revenue increased by 14.4% to 319.1 billion yen compared to the previous period, operating profit increased by 15.2% to 37.3 billion yen, ordinary profit increased by 14.8% to 37 billion yen, and net income attributable to the parent company's shareholder increased by 13.5% to 22.8 billion yen.
The main reason for the double-digit increase in revenue was that the existing businesses (e.g. graves and Buddhist altars, funerals) which account for more than 50% of total revenue, contributed 18.75 billion yen in revenue. Within this, the funeral business achieved a 23.6% increase to 6.33 billion yen compared to the same period last year, and public-private partnership projects achieved a 51.6% growth. The improvement in the revenue operating profit margin by 0.1 percentage point compared to the same period last year resulted in a profit growth rate that exceeded the revenue growth rate.
The company group aims to establish "end-of-life infrastructure" as a social foundation supporting people's lives, and to become the essential "No. 1 platform" for end-of-life preparations as its long-term vision. The newly commenced 3-year medium-term plan is positioned as the period for developing the "end-of-life infrastructure". Over the next three years, the company will focus on cross-service (providing multiple services to customers), diversifying customer acquisition channels (offline stores in addition to online), and expanding services (e.g. offering new identity guarantee services for elderly people living alone).
Regarding the full-year consolidated performance forecast for the fiscal year ending January 2025, they have maintained the initial plan with an expected revenue increase of 23.7% to 725 billion yen, operating profit increase of 34.8% to 110 billion yen, ordinary profit increase of 34.9% to 109.5 billion yen, and net income attributable to the parent company's shareholder increase of 45.1% to 77 billion yen compared to the previous period.
In addition, they announced a change in shareholder return policy from the previous stable dividend policy, to a limited measure for the remaining 3 years of the ongoing 3-year medium-term management plan, setting the dividend payout ratio at 100% or a minimum of 20 yen per share.