KATITAS CO ( (KTITF) ) has released its Q4 earnings. Here is a breakdown of the information KATITAS CO presented to its investors.
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KATITAS Co., Ltd. is a Japanese company listed on the Tokyo Stock Exchange, specializing in refurbishing and remodeling older pre-owned single-family detached houses, primarily targeting the middle- and lower-income market.
In its latest earnings report for the fiscal year ending March 31, 2025, KATITAS Co. reported a modest increase in net sales by 2.2% to ¥129,537 million, alongside a notable rise in operating profit by 12.2% to ¥14,222 million. The company also saw a 12.4% increase in profit attributable to owners of the parent, reaching ¥9,550 million.
Key financial metrics highlighted in the report include a 12.6% increase in ordinary profit to ¥13,876 million and a 12.4% rise in comprehensive income. The company also reported an adjusted operating profit of ¥16,160 million, up 9.5% year-on-year, reflecting its strategic focus on refurbishing properties to meet customer demand for affordable housing.
Looking ahead, KATITAS Co. aims to achieve significant growth under its fourth medium-term management plan, targeting an annual sale of 10,000 homes and an operating profit of ¥20,000 million by the fiscal year ending March 31, 2028. The company plans to enhance its supply capacity and diversify its refurbishment strategies to cater to evolving customer needs.
Overall, KATITAS Co. remains committed to its growth trajectory, with a focus on increasing sales and profitability while maintaining a strong dividend policy, aiming for a payout ratio of at least 50% in the coming fiscal year.