Kandenko reports strong interim earnings growth for fiscal year 2026

Kandenko reported a substantial increase in its consolidated financial results for the second quarter (interim period) of the fiscal year ending March 2026. Revenue rose by 18.8% to 340,638 million yen compared to the previous interim period. Operating profit saw a 49.1% surge to 37,900 million yen, while ordinary profit increased by 49.0% to 38,949 million yen. Net profit attributable to owners of the parent company also grew by an impressive 53.0% to 26,405 million yen.

The company's balance sheet for the interim period shows total assets decreased slightly by 6,932 million yen to 596,287 million yen from the end of the previous fiscal year. However, net assets increased by 24,821 million yen to 405,770 million yen, pushing the equity ratio up to 65.7% from 61.0%.

Kandenko’s forecast for the full fiscal year ending March 2026 remains unchanged from the announcement on April 28, 2025. The company anticipates full-year revenue of 703,000 million yen (up 4.6% year-on-year), operating profit of 63,000 million yen (up 8.0%), ordinary profit of 64,000 million yen (up 7.6%), and net profit attributable to owners of the parent company of 46,000 million yen (up 8.5%).