Kimura Unity Co (9368) Q2 2026 earnings summary

Executive summary

• Achieved record-high sales for the fifth consecutive interim period, with revenue up 0.9% year-over-year to ¥30,494 million, driven by growth in domestic packaging, information services, and mobility services, despite a decline in logistics services.

• Operating income declined for the first time in five periods, down 5.6% year-over-year to ¥2,328 million, mainly due to lower logistics segment profits.

• Ordinary income and net income attributable to shareholders both increased for the fifth consecutive period, reaching record highs of ¥2,709 million (+1.1%) and ¥1,793 million (+5.3%) respectively.

Financial highlights

• Revenue: ¥30,494 million (+0.9% YoY); Operating income: ¥2,328 million (−5.6% YoY); Ordinary income: ¥2,709 million (+1.1% YoY); Net income: ¥1,793 million (+5.3% YoY).

• EPS: ¥43.63 (+¥4.24 YoY, adjusted for stock split); Comprehensive income: ¥1,818 million (−10.1% YoY).

• Gross profit was ¥6,164 million, with a gross margin of 20.2%.

• Total assets: ¥64,712 million (+0.3% from previous year-end); Equity ratio: 62.5%.

• Cash and equivalents at period-end: ¥9,877 million (−¥1,727 million YoY).

Outlook and guidance

• Full-year revenue forecast: ¥63,500 million (+3.9% YoY), record high expected; operating income forecast: ¥4,800 million (+4.3% YoY); net income forecast: ¥3,600 million (+9.1% YoY).

• No changes to previously announced guidance.

• Segment growth led by information services (+27.2% YoY forecast) and mobility services (+4.8% YoY forecast).

• Annual dividend forecast: ¥34 per share (post-split basis), targeting a 40% payout ratio.