Ku Holdings Co (9856) Q4 2026 earnings summary

Executive summary

• Revenue increased by 5.7% year-over-year to ¥169,094 million, driven by growth in both domestic and imported car sales, as well as repair and commission income.

• Operating income declined 8.8% year-over-year to ¥8,379 million, with operating margin falling to 5.0% from 5.7%.

• Net income attributable to shareholders decreased 12.7% year-over-year to ¥5,700 million.

• The company expects a slight increase in revenue but further declines in profit for the next fiscal year.

Financial highlights

• Gross profit rose to ¥27,503 million, up from ¥27,109 million year-over-year.

• Selling, general, and administrative expenses increased 6.7% to ¥19,123 million.

• Comprehensive income fell 10.2% year-over-year to ¥5,796 million.

• Cash and equivalents at year-end were ¥12,747 million.

Outlook and guidance

• Fiscal 2027 guidance: revenue ¥170,000 million (+0.5%), operating income ¥8,100 million (–3.3%), net income ¥5,600 million (–1.8%).

• Management anticipates continued industry headwinds, including cost inflation and stagnant market growth.