Chudenko (1941) investor relations material

Executive summary

• Net sales rose 2.7% year-over-year to ¥227,850 million, driven by growth in Indoor electrical work and Distribution line work, despite declines in Information communication equipment work.

• Operating profit increased 20.7% year-over-year to ¥26,180 million, supported by cost controls and improved construction efficiency.

• Ordinary profit grew 17.2% year-over-year to ¥27,474 million, while profit attributable to owners of parent declined 7.1% to ¥18,482 million due to a prior-year tax benefit from the dissolution of an equity-method affiliate.

Financial highlights

• Gross profit increased from ¥38,928 million to ¥44,797 million year-over-year.

• Comprehensive income rose 40.4% year-over-year to ¥30,999 million.

• Cash and cash equivalents at year-end increased to ¥43,605 million, up ¥9,170 million from the previous year.

• Equity-to-asset ratio remained strong at 76.9%.

• Net assets per share increased to ¥4,613.43.

Outlook and guidance

• For the fiscal year ending March 31, 2027, net sales are forecast to rise 7.5% to ¥245,000 million, with operating profit up 3.1% to ¥27,000 million and profit attributable to owners of parent up 6.6% to ¥19,700 million.

• Annual dividend per share is projected to increase to ¥140.

• The business environment is expected to remain solid but uncertain due to high raw material prices, labor shortages, and geopolitical risks.