Konishi reports modest revenue dip, profits up for second quarter

For the second quarter of the fiscal year ending March 2026, Konishi reported net sales of JPY 65,533 million, a marginal decrease of 0.2% compared to the prior year. Despite the slight revenue dip, operating profit fell by 4.7% to JPY 4,622 million, and ordinary profit decreased by 5.8% to JPY 4,865 million. However, net profit attributable to parent company shareholders increased by 1.4% to JPY 3,299 million. Earnings per share for the interim period stood at JPY 50.62.

Total assets for the period were JPY 134,277 million, down from JPY 136,801 million at the end of the previous fiscal year, while net assets also decreased to JPY 85,545 million from JPY 86,672 million. Despite the reduction in total assets, the equity ratio saw a slight increase to 63.4% from 63.1%. Cash flow from operating activities was JPY 6,609 million, significantly up from JPY 1,212 million in the prior year, driven by a decrease in trade receivables and contract assets.

The company maintains its full-year forecast for the fiscal year ending March 2026, anticipating net sales of JPY 142,000 million (up 4.5%), operating profit of JPY 10,670 million (up 0.2%), and net profit attributable to parent company shareholders of JPY 8,100 million (up 0.2%). The projected annual dividend is JPY 38.00 per share, with an interim dividend of JPY 19.00 and a year-end dividend of JPY 19.00.