Konoike Transport, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 5%, Raises Record High Profit Forecast

Konoike Transport Co.,Ltd. <9025> [TSE Prime] 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) increased 3.6% from the same period last year, reaching 12.5 billion yen, resulting in an increase in profits compared to the previous forecast of a 9.2% decrease.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 4.7%, from the previous forecast of 21.5 billion yen to 22.5 billion yen (compared to 21.2 billion yen in the previous period), increasing the growth rate from 1.0% to 5.7%, further surpassing the previous forecast of record-high profits for five 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 8.3% from the same period last year, reaching 9.94 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 11.8% from the same period last year, reaching 5.88 billion yen. The operating profit margin remained almost flat, changing from 6.5% in the same period last year to 6.6%.

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