KANAME KOGYO, First Half Ordinary Profit Unexpectedly Revised Upward by 2%, The Undecided Dividend Raised by 1 Yen

KANAME KOGYO CO.,LTD. <6566> [TSE Std] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 1.11 billion yen, a 2.0% increase compared to the same period last year, resulting in an increase in profits compared to the previous forecast of a 0.7% decrease.

Progress toward the full-year plan of 2.18 billion yen was 50.9%, also surpassing the five-year average of 47.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to nearly flat at 1.07 billion yen, down 0.3% from the same period last year.

At the same time, the company has decided to implement a year-end lump-sum dividend of 29 yen for the current fiscal year, which was previously undecided (compared to 28 yen in the prior term).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 0.55 billion yen, an increase of 2.6% compared to the same period last year. However, the operating profit margin decreased from 14.7% in the same period last year to 14.1%.

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