Kinden (1944) Q4 2026 earnings summary

Executive summary

• Net sales rose 6.5% year-over-year to ¥750,742 million, with operating profit up 48.0% and profit attributable to owners of parent up 47.0%.

• All consolidated profit categories exceeded both prior year and full-year forecasts.

• Non-consolidated net sales increased 2.8% year-over-year, with profit up 50.1%.

• Construction demand remained steady despite rising costs, supported by strong corporate investment.

Financial highlights

• Operating profit reached ¥90,256 million (up 48.0% year-over-year), ordinary profit ¥94,493 million (up 46.4%), and profit attributable to owners of parent ¥69,447 million (up 47.0%).

• Basic earnings per share was ¥350.53, up from ¥236.26 the previous year.

• Comprehensive income increased to ¥88,335 million from ¥50,292 million.

• Cash and cash equivalents at year-end were ¥182,308 million.

Outlook and guidance

• Consolidated net sales for FY2027 are forecast at ¥810.0 billion (up 7.9%), with operating profit of ¥97.0 billion (up 7.5%) and profit attributable to owners of parent of ¥70.0 billion (up 0.8%).

• Non-consolidated net sales are forecast at ¥670.0 billion (up 9.4%), with profit of ¥67.0 billion (up 5.4%).

• Annual dividend for FY2027 planned at ¥240 per share, including a special dividend tied to growth targets.