Chudenko (1941) Q1 2027 earnings summary

Executive summary

• Net sales rose 13.3% year-over-year to ¥50,333 million for the three months ended June 30, 2026, driven by growth in Indoor electrical work and Air-conditioning piping work segments.

• Operating profit increased 21.5% year-over-year to ¥5,189 million, reflecting improved construction efficiency and cost control.

• Profit attributable to owners of parent grew 3.7% year-over-year to ¥3,470 million.

• Comprehensive income surged to ¥12,573 million, up 333% year-over-year, mainly due to valuation gains on available-for-sale securities.

Financial highlights

• Gross profit increased to ¥9,627 million from ¥8,606 million year-over-year.

• Ordinary profit rose 12.5% year-over-year to ¥5,612 million.

• Basic earnings per share for the quarter were ¥65.56, up from ¥61.80 a year earlier.

• Total assets at June 30, 2026, were ¥313,245 million, down ¥4,574 million from March 31, 2026.

• Net assets increased to ¥256,662 million, with an equity-to-asset ratio of 80.7%.

Outlook and guidance

• Full-year consolidated net sales forecast is ¥245,000 million, up 7.5% year-over-year.

• Operating profit is projected at ¥27,000 million (+3.1%), ordinary profit at ¥29,500 million (+7.4%), and profit attributable to owners of parent at ¥19,700 million (+6.6%).

• Annual dividend forecast is ¥140 per share, up from ¥135 in the previous year.

• No revisions to previously announced forecasts.