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KANRO, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 3%, Raises Record High Profit Forecast
2216 Kanro Inc. 【J-GAAP】
Earnings ReportKANRO CO.,LTD <2216> [TSE Std] announced its financial results in the afternoon session on July 29th (13:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 13.8% from the same period last year, reaching 2.67 billion yen, resulting in an increase in profits compared to the previous forecast of an 8.7% decrease.
In addition, the full-year forecast for ordinary profit has been revised upward 2.5%, from the previous forecast of 4.34 billion yen to 4.45 billion yen (compared to 4.31 billion yen in the previous period), increasing the growth rate from 0.6% to 3.1%, further surpassing the previous forecast of record-high profits for four consecutive terms.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit for the July to December period (second half) is expected to decrease 9.6% from the same period last year to 1.77 billion yen.
In the most recent three-month period, from April to June (2Q), the ordinary profit grew 11.8% from the same period last year, reaching 1.27 billion yen. The operating profit margin rose from 14.2% in the same period last year to 14.9%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 14,292 | 1,772 | 1,791 | 1,236 | 29.7 | 52.2 | Jul 27, 2023 | J-GAAP |
| Jan - Jun, 2024 | 15,563 | 2,343 | 2,355 | 1,767 | 42.1 | 54.6 | Jul 29, 2024 | J-GAAP |
| Jan - Jun, 2025 | 16,725 | 2,664 | 2,679 | 1,874 | 44.5 | 60.2 | Jul 29, 2025 | J-GAAP |
| YoY | +7.5% | +13.7% | +13.8% | +6.1% | +5.7% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 16,300 | 2,140 | 2,150 | 1,520 | 36.1 | 15 | Feb 6, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 16,725 | 2,664 | 2,679 | 1,874 | 44.5 | 15 | Jul 29, 2025 | J-GAAP |
| Revision Rate | +2.6% | +24.5% | +24.6% | +23.3% | +23.3% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Prev | 33,600 | 4,320 | 4,340 | 3,260 | 77.4 | 31 | May 23, 2025 | J-GAAP |
| Dec, 2025 New | 34,100 | 4,400 | 4,450 | 3,300 | 78.3 | 31 | Jul 29, 2025 | J-GAAP |
| Revision Rate | +1.5% | +1.9% | +2.5% | +1.2% | +1.2% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 16,215 | 1,941 | 1,960 | 1,493 | 35.5 | 19.33 | Feb 6, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 17,375 | 1,736 | 1,771 | 1,426 | 33.8 | 16 | Jul 29, 2025 | J-GAAP |
| YoY | +7.2% | -10.6% | -9.6% | -4.5% | -4.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 29,015 | 3,388 | 3,432 | 2,462 | 59.0 | 19.33 | Feb 8, 2024 | J-GAAP |
| Dec, 2024 | 31,778 | 4,284 | 4,315 | 3,260 | 77.5 | 31 | Feb 6, 2025 | J-GAAP |
| Dec, 2025 Guidance | 34,100 | 4,400 | 4,450 | 3,300 | 78.3 | 31 | Jul 29, 2025 | J-GAAP |
| YoY | +7.3% | +2.7% | +3.1% | +1.2% | +1.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 7,950 | 1,131 | 1,138 | 826 | 19.7 | 14.2 | Jul 29, 2024 | J-GAAP |
| Jul - Sep, 2024 | 7,116 | 804 | 814 | 567 | 13.5 | 11.3 | Oct 29, 2024 | J-GAAP |
| Oct - Dec, 2024 | 9,099 | 1,137 | 1,146 | 926 | 22.0 | 12.5 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 8,205 | 1,397 | 1,407 | 993 | 23.6 | 17.0 | Apr 25, 2025 | J-GAAP |
| Apr - Jun, 2025 | 8,520 | 1,267 | 1,272 | 881 | 20.9 | 14.9 | Jul 29, 2025 | J-GAAP |
| YoY | +7.2% | +12.0% | +11.8% | +6.7% | +6.2% |
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