Kraftia (1959) Q2 2026 earnings summary

Executive summary

• Achieved record highs in gross profit, operating profit, and ordinary profit for the 2nd quarter of FY ending March 2026, despite a year-over-year sales decline of 5.3%.

• Orders received increased 20.8% year-over-year to ¥275,256 million, driven by strong performance in redevelopment, integrated resort, data center, and renewable energy projects.

• Progress continues on major renewable energy projects, notably the Ukujima solar power plant, with construction and regulatory milestones advancing.

• The company changed its name to KRAFTIA CORPORATION on October 1, 2025, reflecting expanded business scope and geographic reach.

Financial highlights

• Sales for March 2026 2Q were ¥207.7 billion, down 5.3% year-over-year.

• Gross profit rose 18.9% to ¥38.8 billion; operating profit increased 24.9% to ¥22.8 billion.

• Net profit grew 13.4% to ¥14.9 billion; ordinary profit up 21.5% to ¥24.2 billion.

• Comprehensive income for the period was ¥18,143 million, up 39.2% year-over-year.

• Equity ratio improved to 68.6% as of September 30, 2025, from 63.5% at the previous fiscal year-end.

Outlook and guidance

• FY March 2026 sales forecast at ¥490.0 billion, gross profit ¥77.1 billion, operating profit ¥44.5 billion, and net profit ¥32.0 billion.

• Orders expected to reach ¥485.0 billion; progressive dividend policy with a target payout ratio of 40%.

• Annual dividend forecast raised to ¥180 per share.

• No changes to previously announced earnings forecasts.