Kanamoto (9678) Q3 2025 earnings summary

Executive summary

• Consolidated Q3 FY2025 net sales reached ¥158,792 million, up 4.6% year-over-year, with operating profit at ¥11,734 million, up 30.0% year-over-year, and profit attributable to owners of parent at ¥7,236 million, up 33.2%.

• EPS for the nine-month period was ¥206.85, up from ¥152.70 year-over-year.

• Construction equipment rental business accounted for 89.1% of net sales, with strong regional growth in Hokkaido and West Japan.

• The company is executing its Medium-Term Management Plan focusing on growth, DX strategies, and sustainability amid a moderately recovering Japanese economy and industry challenges.

Financial highlights

• Q3 FY2025 operating profit margin improved significantly, with EBITDA and ordinary profit showing continued strength.

• Segment net sales: Construction equipment rental ¥141,452 million (+4.2%), other businesses ¥17,340 million (+7.5%).

• Operating profit: Construction equipment rental ¥10,695 million (+34.7%), other businesses ¥610 million (-11.4%).

• Comprehensive income for the period was ¥8,122 million, slightly down from ¥8,165 million the previous year.

Outlook and guidance

• FY2025 full-year projections: net sales ¥212,500 million (+2.5%), operating profit ¥17,100 million (+17.4%), ordinary profit ¥17,300 million (+13.7%), profit attributable to owners of parent ¥10,500 million (+16.5%), EPS ¥300.49.

• Medium-term plan targets net sales of ¥235.4 billion and operating profit of ¥21 billion by FY2029.

• No changes have been made to previously announced forecasts.