Kitano Construction (1866) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue ¥46,956 million, up 23.6% YoY; operating profit ¥4,416 million, up 75.8%, and net income attributable to owners ¥3,217 million, up 138.8%.

• Construction drove growth, with H1 segment revenue up 24.9% and segment profit up 82.7% YoY; full-year guidance remains unchanged.

Financial highlights

• Revenue ¥46,956 million versus ¥37,976 million YoY; operating profit ¥4,416 million versus ¥2,511 million.

• Ordinary profit increased to ¥4,662 million from ¥2,543 million; net income attributable to owners rose to ¥3,217 million from ¥1,347 million.

• Comprehensive income was ¥5,640 million versus ¥2,234 million YoY.

Outlook and guidance

• FY2027 guidance: revenue ¥86,000 million, operating profit ¥5,000 million, ordinary profit ¥5,300 million, and net income attributable to owners ¥3,500 million; forecast unchanged.

• FY2027 EPS guidance is ¥143.93; forecast growth rates are 9.1% for revenue, 7.7% for operating profit, 5.9% for ordinary profit, and 0.3% for net income.

• Guidance depends on current information and assumptions; actual results may differ materially due to various factors.