FilingReader Intelligence

Kanagawa Chuo Kotsu raises H1 profit forecast on strong sales, lower fuel costs

September 26, 2025 at 06:50 AM UTCBy FilingReader AI

Kanagawa Chuo Kotsu Co., Ltd. announced on September 26, 2025, a revision to its consolidated financial results forecast for the six months ending September 30, 2025. The company now expects net sales of JPY 62,600 million, up from the previous forecast of JPY 59,100 million, a 5.9% increase. Operating profit is projected to reach JPY 4,360 million, a 40.6% increase from the original JPY 3,100 million. Ordinary profit is also revised upward by 45.1% to JPY 4,310 million.

Profit attributable to owners of the parent is now forecast at JPY 2,450 million, an increase of JPY 280 million (12.9%) from the initial JPY 2,170 million. Consequently, basic earnings per share are revised to JPY 199.66 from JPY 176.84. This upward revision is attributed to strong new vehicle sales of heavy-duty trucks and buses, robust revenue from vehicle maintenance, and lower-than-expected fuel costs in the passenger automobile business.

The company stated that the full-year consolidated financial results forecast is currently under careful review and will be disclosed concurrently with the announcement of the financial results for the six months ending September 30, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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