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Japan Elevator Service (6544) investor relations material
Japan Elevator Service Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary8 Aug, 2025
Executive summary
Net sales for Q1 FY2026 rose 16.4% year-over-year to ¥13,433 million, with operating profit up 30.2% and profit attributable to owners of parent up 28.0%.
Maintenance and repair business net sales increased 14.4% YoY; modernization business net sales grew 23.3% YoY.
Gross and operating margins improved significantly, driven by higher engineer productivity and increased unit prices in modernization.
The company is focusing on productivity improvements, contract growth, and strengthening its sales and operational structure.
Announced a 2-for-1 stock split effective October 1, with September 30 as the record date.
Financial highlights
Operating profit for Q1 FY2026 was ¥2,505 million, up 30.2% YoY; operating margin reached 18.6%.
Profit attributable to owners of parent was ¥1,608 million, up 28.0% YoY; EPS was ¥18.06, up from ¥14.11 YoY.
Gross profit margin improved, with gross profit at ¥5,298 million versus ¥4,413 million YoY.
Comprehensive income for Q1 FY2026 was ¥1,607 million, up 25.6% YoY.
Gross margin and OP margin before goodwill amortization reached record levels.
Outlook and guidance
Full-year FY2026 guidance maintained: net sales ¥55,000 million (+11.4% YoY), operating profit ¥10,000 million (+15.9%), profit attributable to owners of parent ¥6,000 million (+8.5%).
EPS forecast for FY2026 is ¥33.69, reflecting a 2-for-1 stock split; without the split, EPS would be ¥67.37.
Both sales and profits expected to reach new highs, with continued growth in maintenance contracts and modernization.
Capital expenditures and depreciation forecasts unchanged; CAPEX expected to decline after FY2023 peak.
Why did short-term borrowings increase?
Assess impact of suspended parts supply.
Explain the pending year-end dividend.
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Next Japan Elevator Service earnings date
Q2 202614 Nov, 2025
Next Japan Elevator Service earnings date
Q2 202614 Nov, 2025
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Frequently asked questions
Japan Elevator Service Holdings Co., Ltd. (JES) specializes in the maintenance, inspection, and modernization of elevators and escalators. The company offers comprehensive services including regular maintenance, performance inspections, component replacements, and full renewals for aging elevators. JES also sells parts necessary for elevator maintenance. The company operates in various regions across Japan through its subsidiaries, providing services tailored to local needs. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.
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