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KINDEN, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 24%, Raises Record High Profit Forecast, Dividend Revised Upward by 20 Yen

Tue Oct 28, 2025 3:30 pm JST Earnings

1944 KINDEN CORPORATION 【J-GAAP】

Earnings Report

KINDEN CORPORATION <1944> [TSE Prime] announced its financial results after the market closed on October 28th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) surged 2.4 times that of the same period last year, reaching 34.0 billion yen, exceeded the previous forecast of 24.0 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 23.6%, from the previous forecast of 70.0 billion yen to 86.5 billion yen (compared to 64.5 billion yen in the previous period), increasing the growth rate from 8.4% to 34.0%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 4.4% from the same period last year, reaching 52.4 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 100 yen to 120 yen (compared to 90 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 2.4 times that of the same period last year, reaching 25.2 billion yen. The operating profit margin drastically improved from 6.6% in the same period last year to 13.7%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 270,670 9,135 10,964 7,497 36.8 23.8 Oct 30, 2023 J-GAAP
Apr - Sep, 2024 298,040 12,876 14,316 9,815 48.9 22.2 Oct 31, 2024 J-GAAP
Apr - Sep, 2025 321,378 31,887 34,073 22,603 114.1 39.4 Oct 28, 2025 J-GAAP
YoY +7.8% +147.6% +138.0% +130.3% +133.2%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 310,000 23,000 24,000 17,000 85.6 50 Apr 25, 2025 J-GAAP
Apr - Sep, 2025 Results 321,378 31,887 34,073 22,603 114.1 60 Oct 28, 2025 J-GAAP
Revision Rate +3.7% +38.6% +42.0% +33.0% +33.3%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 730,000 67,000 70,000 52,000 262.5 100 Apr 25, 2025 J-GAAP
Mar, 2026 New 742,000 81,000 86,500 64,500 325.5 120 Oct 28, 2025 J-GAAP
Revision Rate +1.6% +20.9% +23.6% +24.0% +24.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 407,018 48,103 50,230 37,435 187.2 50 Apr 25, 2025 J-GAAP
Oct - Mar, 2025 Guidance 420,622 49,113 52,427 41,897 211.5 60 Oct 28, 2025 J-GAAP
YoY +3.3% +2.1% +4.4% +11.9% +13.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 654,516 42,677 45,982 33,553 165.3 63 Apr 24, 2024 J-GAAP
Mar, 2025 705,058 60,979 64,546 47,250 236.3 90 Apr 25, 2025 J-GAAP
Mar, 2026 Guidance 742,000 81,000 86,500 64,500 325.5 120 Oct 28, 2025 J-GAAP
YoY +5.2% +32.8% +34.0% +36.5% +37.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 164,796 10,913 10,503 7,578 37.8 6.6 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 166,545 17,831 19,513 14,615 73.0 10.7 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 240,473 30,272 30,717 22,820 114.1 12.6 Apr 25, 2025 J-GAAP
Apr - Jun, 2025 141,412 7,243 8,789 4,365 22.0 5.1 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 179,966 24,644 25,284 18,238 92.0 13.7 Oct 28, 2025 J-GAAP
YoY +9.2% +125.8% +140.7% +140.7% +143.7%

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