Konishi Co (4956) Q4 2026 earnings summary

Executive summary

• Net sales for the fiscal year ended March 31, 2026, increased by 0.6% year-over-year to ¥136,569 million, reaching a record high, while operating profit declined 0.9% to ¥10,464 million and profit attributable to owners of parent decreased 0.6% to ¥8,033 million.

• EBITDA rose by 6.2% year-over-year, indicating improved cash flow generation despite profit declines.

• Comprehensive income increased 34.3% year-over-year to ¥9,943 million, reflecting gains in other comprehensive income.

• The company implemented a new Medium-Term Management Plan, focusing on capital investment, new product development, and expansion in growth areas.

Financial highlights

• Net sales: ¥136,569 million (+0.6% year-over-year); Operating profit: ¥10,464 million (-0.9% year-over-year); Ordinary profit: ¥11,098 million (-0.9% year-over-year); Profit attributable to owners of parent: ¥8,033 million (-0.6% year-over-year); EBITDA: ¥13,562 million (+6.2% year-over-year).

• Total assets increased to ¥139,610 million, up ¥2,809 million from the previous year.

• Net assets rose to ¥88,860 million, with an equity-to-asset ratio of 63.4%.

• Cash and cash equivalents at year-end were ¥19,416 million, down ¥591 million year-over-year.

• Basic earnings per share was ¥124.90, and net assets per share reached ¥1,417.11.

Outlook and guidance

• For the fiscal year ending March 31, 2027, net sales are forecast to rise 9.8% to ¥150,000 million, with operating profit expected to increase 9.9% to ¥11,500 million.

• EBITDA is projected to reach ¥14,500 million (+6.9%), and profit attributable to owners of parent is expected at ¥8,190 million (+2.0%).

• Segment forecasts: Bond sales up 8.3%, Chemicals up 8.4%, Construction up 17.1%.

• Annual dividend forecast maintained at ¥38.00 per share.

• Segment growth is anticipated in Bond, Chemicals, and Construction, driven by new customer acquisition and improved project execution.