Kinden (1944) Q1 2026 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2025, rose 6.1% year-over-year to ¥141,412 million, with operating profit up 268.9% to ¥7,243 million and profit attributable to owners of parent up 95.2% to ¥4,365 million.

• Non-consolidated net sales increased 3.3% year-over-year to ¥117,290 million, with operating profit up 249.1% and ordinary profit up 73.9%.

• Construction orders grew 8.0% year-over-year to ¥266,625 million, with notable increases in Power Distribution Lining and Electric Power & Others sectors.

• The acquisition of KITA KOUDENSHA Corporation was completed, making it a consolidated subsidiary from April 1, 2025.

Financial highlights

• Consolidated net sales: ¥141,412 million (up 6.1% year-over-year).

• Operating profit: ¥7,243 million (up 268.9% year-over-year); ordinary profit: ¥8,789 million (up 130.5%).

• Profit attributable to owners of parent: ¥4,365 million (up 95.2%).

• Basic earnings per share: ¥22.01 (vs. ¥11.14 last year).

• Comprehensive income: ¥5,457 million (up 113.5%).

Outlook and guidance

• Full-year consolidated forecast for FY2026 remains unchanged: net sales ¥730,000 million, operating profit ¥67,000 million, ordinary profit ¥70,000 million, profit attributable to owners of parent ¥52,000 million, EPS ¥263.28.

• Interim dividend forecast at ¥50 per share and year-end dividend at ¥50 per share, totaling ¥100 per share for FY2026.