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KYOWA ENGINEERING CONSULTANTS, 10% Increase in Ordinary Profit, Update Record High for Fifth Consecutive Term
9647 KYOWA ENGINEERING CONSULTANTS CO.,LTD. 【J-GAAP】
Earnings ReportKYOWA ENGINEERING CONSULTANTS CO.,LTD. <9647> [TSE Std] announced its financial results after the market closed on January 16th (15:30). The consolidated ordinary profit for the fiscal year ended November 2025 increased by 21.9% from the previous period to 0.92 billion yen. For the fiscal year ending November 2026, the consolidated ordinary profit is expected to grow by 10.3% to 1.02 billion yen, marking the fifth consecutive term of record-high profits. This will be the third consecutive term of revenue and the eleventh consecutive term of profit growth.
In the most recent three-month period, from September to November (4Q), the consolidated ordinary profit surged 2.1 times that of the same period last year, reaching 0.13 billion yen. The operating profit margin significantly improved from 3.4% in the same period last year to 7.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2023 | 7,679 | 632 | 656 | 402 | 688.9 | 30 | Jan 12, 2024 | J-GAAP |
| Nov, 2024 | 8,061 | 762 | 759 | 512 | 876.9 | 30 | Jan 17, 2025 | J-GAAP |
| Nov, 2025 | 8,441 | 917 | 925 | 610 | 1,044.7 | 30 | Jan 16, 2026 | J-GAAP |
| YoY | +4.7% | +20.3% | +21.9% | +19.1% | +19.1% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2025 Guidance | 8,100 | 820 | 820 | 520 | 889.3 | 30 | Jan 17, 2025 | J-GAAP |
| Nov, 2025 Results | 8,441 | 917 | 925 | 610 | 1,044.7 | 30 | Jan 16, 2026 | J-GAAP |
| Revision Rate | +4.2% | +11.8% | +12.8% | +17.3% | +17.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - May, 2024 | 4,798 | 655 | 651 | 438 | 749.5 | 0 | Jul 11, 2025 | J-GAAP |
| Dec - May, 2025 Guidance | 4,600 | 680 | 680 | 450 | 769.6 | 0 | Jan 16, 2026 | J-GAAP |
| YoY | -4.1% | +3.8% | +4.5% | +2.7% | +2.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2024 | 8,061 | 762 | 759 | 512 | 876.9 | 30 | Jan 17, 2025 | J-GAAP |
| Nov, 2025 | 8,441 | 917 | 925 | 610 | 1,044.7 | 30 | Jan 16, 2026 | J-GAAP |
| Nov, 2026 Guidance | 8,600 | 1,030 | 1,020 | 670 | 1,145.8 | 30 | Jan 16, 2026 | J-GAAP |
| YoY | +1.9% | +12.3% | +10.3% | +9.8% | +9.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 1,905 | 65 | 64 | 45 | 77.1 | 3.4 | Jan 17, 2025 | J-GAAP |
| Dec - Feb, 2024 | 2,071 | 233 | 233 | 157 | 269.4 | 11.3 | Apr 11, 2025 | J-GAAP |
| Mar - May, 2025 | 2,727 | 422 | 418 | 281 | 480.8 | 15.5 | Jul 11, 2025 | J-GAAP |
| Jun - Aug, 2025 | 1,742 | 126 | 142 | 88 | 150.5 | 7.2 | Oct 10, 2025 | J-GAAP |
| Sep - Nov, 2025 | 1,901 | 136 | 132 | 84 | 143.9 | 7.2 | Jan 16, 2026 | J-GAAP |
| YoY | -0.2% | +109.2% | +106.3% | +86.7% | +86.7% |
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