Kanda Holdings (9059) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2024, increased 2.5% year-over-year to ¥39,541 million, with operating income up 0.9% to ¥2,741 million and net income attributable to shareholders rising 3.1% to ¥1,865 million.

• Domestic operations saw higher transaction volumes but faced increased fuel and procurement costs, resulting in higher revenue but lower profit; international operations experienced both revenue and profit growth due to recovering transport volumes.

Financial highlights

• Operating profit for the period was ¥2,741 million, up 0.9% year-over-year; ordinary profit was ¥2,829 million, up 1.1%.

• Net income per share was ¥87.07, compared to ¥84.25 in the prior year.

• Total assets increased to ¥48,404 million from ¥46,729 million at the previous fiscal year-end.

• Equity rose to ¥25,460 million, with an equity ratio of 52.6%.

Outlook and guidance

• Full-year revenue is forecast at ¥52,000 million (up 1.7% year-over-year), with operating profit of ¥3,470 million (up 1.1%) and net income of ¥2,280 million (up 0.3%).

• No changes have been made to the previously announced earnings forecast.