Koyou Rentia (7081) investor relations material

Executive summary

• Revenue for the first half of FY2026 was ¥17,295 million, down 1.5% year-over-year, mainly due to a post-Expo decline, while operating profit reached a record high, up 0.4%, and ordinary profit increased 2.0%.

• Net income attributable to shareholders was ¥858 million, a 2.0% decrease year-over-year.

• Full-year operating profit and net profit forecasts were revised upward, with sales expected to hit a record high despite Expo-related headwinds.

Financial highlights

• First-half revenue: ¥17,295 million (down 1.5% year-over-year); operating profit: ¥1,563 million (up 0.4%); ordinary profit: ¥1,604 million (up 2.0%); net profit: ¥858 million (down 2.0%).

• Gross profit margin improved to 41.9% (up 2.2pt year-over-year), with gross profit at ¥7,251 million.

• EBITDA for the first half: ¥2,705 million (up 1.5% year-over-year).

• EPS for the first half: ¥77.04.

• Total assets at period-end were ¥19,974 million, with net assets of ¥13,263 million and an equity ratio of 66.1%.

Outlook and guidance

• Full-year revenue forecast: ¥35,000 million (record high); operating profit: ¥2,800 million (up 12% from initial plan); net profit: ¥1,700 million (up 12.3%).

• Dividend forecast for FY2026: ¥37 per share, continuing the trend of annual increases since listing.

• Risks from Middle East geopolitical issues are not factored into the current forecast.