KVK Corporation (6484) Q1 2026 earnings summary

Executive summary

• Revenue increased 7.3% year-over-year to ¥7,762 million, driven by higher orders for core products following a surge in new housing starts in March.

• Operating profit rose 26.5% year-over-year to ¥746 million, and net profit attributable to shareholders grew 31.5% to ¥537 million.

• New products targeting compact kitchens and cost-sensitive users were launched, and regional sales initiatives contributed to growth.

• Production efficiency improved through ongoing process optimization and collaborative improvement activities.

Financial highlights

• Revenue: ¥7,762 million (up 7.3% year-over-year).

• Operating profit: ¥746 million (up 26.5% year-over-year).

• Ordinary profit: ¥796 million (up 32.0% year-over-year).

• Net profit attributable to shareholders: ¥537 million (up 31.5% year-over-year).

• EPS: ¥67.12 (up from ¥51.27 year-over-year).

Outlook and guidance

• Full-year revenue forecast: ¥30,500 million (up 2.9% year-over-year).

• Full-year operating profit forecast: ¥2,700 million (up 1.5% year-over-year).

• Full-year net profit forecast: ¥1,900 million (up 10.0% year-over-year).

• No change to previously announced guidance despite challenging housing market and rising material costs.