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KITANO CONSTRUCTION, First Half Ordinary Profit Increases by 2%

Wed Nov 12, 2025 3:30 pm JST Earnings

1866 KITANO CONSTRUCTION CORP. 【J-GAAP】

Earnings Report

KITANO CONSTRUCTION CORP. <1866> [TSE Std] announced its financial results after the market closed on November 12th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) was 2.54 billion yen, a 2.1% increase compared to the same period last year. Progress toward the full-year plan of 4.00 billion yen was 63.6%, also surpassing the five-year average of 38.9%.

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 decrease 7.8% from the same period last year to 1.45 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit amounted to 1.76 billion yen, an increase of 2.2% compared to the same period last year. The operating profit margin improved from 7.8% in the same period last year to 9.3%.

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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 38,616 1,510 1,785 1,324 56.7 35.2 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 37,589 2,103 2,490 2,070 87.1 61.2 Nov 11, 2024 J-GAAP
Apr - Sep, 2025 37,976 2,511 2,543 1,347 55.4 63.6 Nov 12, 2025 J-GAAP
YoY +1.0% +19.4% +2.1% -34.9% -36.3%

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 ー ー ー ー － 0 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 37,976 2,511 2,543 1,347 55.4 0 Nov 12, 2025 J-GAAP
Revision Rate － － － － －

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 43,264 1,537 1,580 1,311 54.5 27.50 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 45,024 1,089 1,457 1,153 47.4 27.50 Nov 12, 2025 J-GAAP
YoY +4.1% -29.1% -7.8% -12.1% -13.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 84,964 4,804 5,073 3,902 168.4 27.50 May 14, 2024 J-GAAP
Mar, 2025 80,853 3,640 4,070 3,381 140.6 27.50 May 13, 2025 J-GAAP
Mar, 2026 Guidance 83,000 3,600 4,000 2,500 102.8 27.50 Aug 7, 2025 J-GAAP
YoY +2.7% -1.1% -1.7% -26.1% -26.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 21,230 1,653 1,729 1,458 61.3 7.8 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 21,580 511 411 260 10.8 2.4 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 21,684 1,026 1,169 1,051 43.7 4.7 May 13, 2025 J-GAAP
Apr - Jun, 2025 18,880 739 776 480 19.8 3.9 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 19,096 1,772 1,767 867 35.7 9.3 Nov 12, 2025 J-GAAP
YoY -10.1% +7.2% +2.2% -40.5% -41.8%

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