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Kin-Ei Corp, First Half Ordinary Profit Increases by 6%, May-Jul Ordinary Profit Increases by 2.2 times
9636 Kin-Ei Corp. 【J-GAAP】
Earnings ReportKin-Ei Corp. <9636> [TSE Std] announced its financial results after the market closed on September 11th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending January 2026 (February to July) increased 5.8% from the same period last year, reaching 181 million yen. Progress toward the full-year plan of 240 million yen was 75.4%, also surpassing the five-year average of 62.4%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the August to January period (second half) is expected to significant drop 51.2% from the same period last year to 59 million yen.
In the most recent three-month period, from May to July (2Q), the ordinary profit surged 2.2 times that of the same period last year, reaching 105 million yen. The operating profit margin significantly improved from 5.6% in the same period last year to 10.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2023 | 1,833 | 172 | 172 | 117 | 42.3 | 67.7 | Sep 8, 2023 | J-GAAP |
| Feb - Jul, 2024 | 1,795 | 169 | 171 | 117 | 42.0 | 58.6 | Sep 9, 2024 | J-GAAP |
| Feb - Jul, 2025 | 1,878 | 178 | 181 | 128 | 46.2 | 75.4 | Sep 11, 2025 | J-GAAP |
| YoY | +4.6% | +5.3% | +5.8% | +9.4% | +10.1% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb - Jul, 2025 Guidance | 1,878 | 178 | 181 | 128 | 45.9 | 0 | Sep 8, 2025 | J-GAAP |
| Feb - Jul, 2025 Results | 1,878 | 178 | 181 | 128 | 46.2 | 0 | Sep 11, 2025 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | +0.6% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Aug - Jan, 2024 | 1,776 | 113 | 121 | 37 | 13.3 | 10 | Mar 13, 2025 | J-GAAP |
| Aug - Jan, 2025 Guidance | 1,782 | 52 | 59 | 27 | 9.7 | 10 | Sep 8, 2025 | J-GAAP |
| YoY | +0.3% | -54.0% | -51.2% | -27.0% | -27.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan, 2024 | 3,570 | 255 | 254 | 154 | 55.6 | 10 | Mar 15, 2024 | J-GAAP |
| Jan, 2025 | 3,571 | 282 | 292 | 154 | 55.4 | 10 | Mar 13, 2025 | J-GAAP |
| Jan, 2026 Guidance | 3,660 | 230 | 240 | 155 | 55.6 | 10 | Sep 8, 2025 | J-GAAP |
| YoY | +2.5% | -18.4% | -17.8% | +0.6% | +0.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Jul, 2024 | 835 | 47 | 47 | 31 | 11.1 | 5.6 | Sep 9, 2024 | J-GAAP |
| Aug - Oct, 2024 | 912 | 71 | 78 | 48 | 17.3 | 7.8 | Dec 13, 2024 | J-GAAP |
| Nov - Jan, 2024 | 864 | 42 | 43 | -11 | -4.0 | 4.9 | Mar 13, 2025 | J-GAAP |
| Feb - Apr, 2025 | 878 | 76 | 76 | 45 | 16.4 | 8.7 | Jun 9, 2025 | J-GAAP |
| May - Jul, 2025 | 1,000 | 102 | 105 | 83 | 30.0 | 10.2 | Sep 11, 2025 | J-GAAP |
| YoY | +19.8% | +117.0% | +123.4% | +167.7% | +169.4% |
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