Kanamoto reports strong profit growth, share buyback plan

For the fiscal year ended October 31, 2025, Kanamoto reported net sales of 213,266 million yen, a 2.9% increase year-on-year. Operating profit surged by 19.2% to 17,369 million yen, while ordinary profit grew 18.0% to 17,951 million yen. Profit attributable to owners of parent increased by 21.8% to 10,977 million yen, with earnings per share reaching 314.15 yen. The Construction Equipment Rental Division saw net sales rise by 3.3% to 190,225 million yen and operating profit climb 22.6% to 15,860 million yen.

Total assets at year-end increased to 324,088 million yen, and total net assets rose to 157,463 million yen, improving the equity ratio to 45.4% from 43.4% in the prior fiscal year. Cash and cash equivalents stood at 60,592 million yen, an increase of 10,006 million yen.

Looking ahead to the fiscal year ending October 31, 2026, Kanamoto projects net sales of 221,000 million yen (3.6% growth) and profit attributable to owners of parent of 11,400 million yen (3.9% growth). The company also resolved to acquire up to 900,000 common shares, representing 2.58% of outstanding shares, for a maximum of 3.0 billion yen, between December 8, 2025, and June 30, 2026.