Kimura Co (7461) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 was ¥9,697 million, up 12.7% year-over-year, with operating profit at ¥564 million, up 27.5% year-over-year.

• Net income attributable to shareholders was ¥286 million, a 10.7% increase year-over-year.

• Growth driven by new product development in wholesale and improved customer satisfaction in retail.

• Market conditions remain challenging due to labor shortages, rising material costs, and yen depreciation, but some segments benefited from temporary demand.

Financial highlights

• Gross profit for Q1 FY2027 was ¥3,125 million, up from ¥2,711 million year-over-year.

• EPS for Q1 FY2027 was ¥19.32, compared to ¥17.46 in the prior year.

• Comprehensive income for Q1 FY2027 was ¥410 million, up 15.9% year-over-year.

• Total assets at quarter-end were ¥38,579 million, up from ¥36,831 million at the previous year-end.

• Equity ratio decreased to 44.0% from 45.7% at the previous year-end.

Outlook and guidance

• No changes to previously announced full-year guidance: revenue forecast at ¥39,000 million, operating profit at ¥1,300 million, and net income at ¥643 million.

• Interim and year-end dividends are forecast at ¥14.00 per share each.