Kitano Construction (1866) Q2 2026 earnings summary

Executive summary

• Revenue for the third quarter was ¥56,040 million, down 5.3% year-over-year, while operating profit rose 29.5% to ¥3,384 million and ordinary profit increased 25.6% to ¥3,645 million. Net profit attributable to shareholders was ¥2,315 million, a slight decrease of 0.6% year-over-year.

Financial highlights

• Gross profit increased to ¥8,242 million from ¥7,102 million year-over-year.

• Comprehensive income for the quarter was ¥3,421 million, up 0.6% year-over-year.

• Total assets at quarter-end were ¥72,860 million, down from ¥75,589 million at the previous fiscal year-end.

• Equity ratio improved to 67.9% from 61.7% at the previous year-end.

Outlook and guidance

• Full-year revenue is forecast at ¥83,000 million, up 2.7% year-over-year, with operating profit expected at ¥3,600 million (down 1.1%), ordinary profit at ¥4,000 million (down 1.7%), and net profit at ¥2,500 million (down 26.1%).

• No changes to previously announced full-year guidance.