Kanda Holdings (9059) Q1 2025 earnings summary

Executive summary

• Revenue increased 1.9% year-over-year to ¥13,021 million for the first quarter, with operating income up 9.6% and net income attributable to shareholders rising 6.4%.

• Domestic operations saw higher revenue and profit due to expanded business and appropriate freight rate adjustments, while international operations experienced lower revenue but higher profit as ocean freight rates rebounded.

• The company responded to new overtime regulations for drivers and managed cost pressures from energy and procurement.

Financial highlights

• Operating income: ¥938 million (up 9.6% year-over-year).

• Ordinary income: ¥999 million (up 9.3% year-over-year).

• Net income attributable to shareholders: ¥605 million (up 6.4% year-over-year).

• EPS: ¥28.25 (up from ¥26.42 year-over-year).

• Comprehensive income: ¥603 million (down 0.4% year-over-year).

Outlook and guidance

• No changes to previously announced full-year guidance: revenue forecast at ¥52,000 million (up 1.7%), operating income at ¥3,470 million (up 1.1%), and net income at ¥2,280 million (up 0.3%).

• Interim dividend forecast raised to ¥10.50 per share, full-year dividend forecast at ¥21.00 per share.