The Kaneshita Construction Co.,Ltd.(1897) Financial Results

Current Period Guidance

Annual

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2021	7,633	-99	32	45	20.8	50	Feb 10, 2022	J-GAAP
Dec, 2022	9,898	146	287	190	88.4	50	Feb 10, 2023	J-GAAP
Dec, 2023	10,659	238	413	270	125.1	50	Feb 8, 2024	J-GAAP
Dec, 2024	9,743	273	479	321	148.8	50	Feb 7, 2025	J-GAAP
Dec, 2025 Guidance	9,000	30	210	150	71.3	50	Nov 7, 2025	J-GAAP
YoY	-7.6%	-89.0%	-56.2%	-53.3%	-52.1%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Dec, 2020	Feb 7, 2020	11,000	140	260	160	50	J-GAAP
	May 8, 2020	11,000	320	430	260	50	J-GAAP
	Aug 4, 2020	11,000	550	660	410	50	J-GAAP
	Nov 6, 2020	11,000	650	780	500	50	J-GAAP
Results	Feb 10, 2021	10,960	649	781	503	50	J-GAAP
Dec, 2021	Feb 10, 2021	Available in future release
	Aug 4, 2021
	Feb 7, 2022
Results	Feb 10, 2022
Dec, 2022	Feb 10, 2022
	Aug 3, 2022
	Feb 3, 2023
Results	Feb 10, 2023
Dec, 2023	Feb 10, 2023
	Nov 10, 2023
	Feb 2, 2024
Results	Feb 8, 2024
Dec, 2024	Feb 8, 2024
	Aug 2, 2024
	Nov 7, 2024
	Feb 3, 2025
Results	Feb 7, 2025
Dec, 2025	Feb 7, 2025	11,000	110	290	180	50	J-GAAP
	Aug 8, 2025	10,000	30	210	150	50	J-GAAP
	Nov 7, 2025	9,000	30	210	150	50	J-GAAP

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Dec, 2000	28,824	-9.5	Available in future release
Dec, 2001	27,642	-4.1
Dec, 2002	21,612	-21.8
Dec, 2003	22,624	+4.7
Dec, 2004	19,760	-12.7
Dec, 2005	26,756	+35.4
Dec, 2006	18,218	-31.9
Dec, 2007	16,188	-11.1
Dec, 2008	15,197	-6.1
Dec, 2009	10,658	-29.9
Dec, 2010	16,660	+56.3
Dec, 2011	12,986	-22.1
Dec, 2012	13,319	+2.6
Dec, 2013	18,177	+36.5
Dec, 2014	13,014	-28.4
Dec, 2015	10,943	-15.9
Dec, 2016	11,016	+0.7
Dec, 2017	10,257	-6.9
Dec, 2018	10,213	-0.4
Dec, 2019	11,701	+14.6
Dec, 2020	10,960	-6.3
Dec, 2021	7,633	-30.4
Dec, 2022	9,898	+29.7
Dec, 2023	10,659	+7.7
Dec, 2024	9,743	-8.6
Dec, 2025 Guidance	9,000	-7.6	30	-89.0	210	-56.2	71.3	-52.1

Profitability

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Dec, 2023	10,659	238	2.23	1.55	1.28	0.51	125.1
Dec, 2024	9,743	273	2.80	1.77	1.46	0.44	148.8
Dec, 2025 Guidance	9,000	30	0.33	0.78	0.64	0.39	71.3

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	35,183	3,798	3,596	1,934	508.3
Fiscal Year	Dec, 1997	Dec, 1997	Dec, 1999	Dec, 1999	Dec, 1999

Second Half

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2022	4,834	-17	35	32	14.9	50	Feb 10, 2023	J-GAAP
Jul - Dec, 2023	6,068	184	258	179	83.0	50	Feb 8, 2024	J-GAAP
Jul - Dec, 2024	4,080	-48	55	52	24.1	50	Feb 7, 2025	J-GAAP
Jul - Dec, 2025 Guidance	5,153	-12	56	44	20.9	50	Nov 7, 2025	J-GAAP
YoY	+26.3%	+75.0%	+1.8%	-15.4%	-13.3%

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Dec, 2022	146	-1,700	-1,246	-454	-111	6,423	32.13	J-GAAP
Dec, 2023	238	2,231	1,552	679	-110	8,544	38.48	J-GAAP
Dec, 2024	273	398	650	-252	-111	8,831	40.43	J-GAAP

Actual Performance and Financial Trends

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Sep, 2023	7,287	154	281	181	84.0	68.0	Nov 10, 2023	J-GAAP
Jan - Sep, 2024	7,693	254	378	247	114.4	78.9	Nov 7, 2024	J-GAAP
Jan - Sep, 2025	5,910	9	154	113	53.4	73.3	Nov 7, 2025	J-GAAP
YoY	-23.2%	-96.5%	-59.3%	-54.3%	-53.3%

Quarterly Results

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	3,372	84	132	89	41.3	2.5	Feb 8, 2024	J-GAAP
Jan - Mar, 2024	3,763	389	392	242	112.1	10.3	May 10, 2024	J-GAAP
Apr - Jun, 2024	1,900	-68	32	27	12.5	-3.6	Aug 7, 2024	J-GAAP
Jul - Sep, 2024	2,030	-67	-46	-22	-10.2	-3.3	Nov 7, 2024	J-GAAP
Oct - Dec, 2024	2,050	19	101	74	34.3	0.9	Feb 7, 2025	J-GAAP
Jan - Mar, 2025	2,299	182	186	117	55.1	7.9	May 9, 2025	J-GAAP
Apr - Jun, 2025	1,548	-140	-32	-11	-5.2	-9.0	Aug 8, 2025	J-GAAP
Jul - Sep, 2025	2,063	-33	0	7	3.3	-1.6	Nov 7, 2025	J-GAAP
YoY	+1.6%	+50.7%	－	－	－

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Oct - Dec, 2020	2,228	-22.0	Available in future release
Jan - Mar, 2021	1,956	-47.6
Apr - Jun, 2021	991	-54.8
Jul - Sep, 2021	1,940	-30.8
Oct - Dec, 2021	2,746	+23.2
Jan - Mar, 2022	3,191	+63.1
Apr - Jun, 2022	1,873	+89.0
Jul - Sep, 2022	2,156	+11.1
Oct - Dec, 2022	2,678	-2.5
Jan - Mar, 2023	2,459	-22.9
Apr - Jun, 2023	2,132	+13.8
Jul - Sep, 2023	2,696	+25.0
Oct - Dec, 2023	3,372	+25.9
Jan - Mar, 2024	3,763	+53.0
Apr - Jun, 2024	1,900	-10.9
Jul - Sep, 2024	2,030	-24.7
Oct - Dec, 2024	2,050	-39.2
Jan - Mar, 2025	2,299	-38.9
Apr - Jun, 2025	1,548	-18.5
Jul - Sep, 2025	2,063	+1.6	-33	+50.7	0	+100.0	3.3	－

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	6,887	536	569	378	131.3
Fiscal Year	Mar, 2011	Mar, 2010	Mar, 2010	Mar, 2015	Mar, 2015

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Dec, 2022	7,849.16	84.6	19,991	16,922	17,151	0.00	Feb 10, 2023	J-GAAP
Dec, 2023	8,260.21	80.2	22,201	17,807	17,313	0.00	Feb 8, 2024	J-GAAP
Dec, 2024	8,565.22	84.5	21,844	18,462	17,526	0.00	Feb 7, 2025	J-GAAP
Jan - Sep, 2025	ー	82.1	23,322	19,136	17,531	0.00	Nov 7, 2025	J-GAAP