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Kanemi, First Half Ordinary Profit Decreases by 36%, Jun-Aug Ordinary Profit Decreases by 16%

Fri Oct 10, 2025 3:30 pm JST Earnings

2669 Kanemi Co.,Ltd. 【J-GAAP】

Earnings Report

Kanemi Co.,Ltd. <2669> [TSE Std] announced its financial results after the market closed on October 10th (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending February 2026 (March to August) dropped 35.5% from the same period last year to 1.16 billion yen. Progress toward the full-year plan of 3.11 billion yen was 37.3%, also falling below the five-year average of 42.3%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the September to February period (second half) is expected to expand 49.0% from the same period last year, reaching 1.94 billion yen.

In the most recent three-month period, from June to August (2Q), the ordinary profit decreased to 0.84 billion yen, a 16.3% decrease compared to the same period last year. The operating profit margin worsened from 4.3% in the same period last year to 3.8%.

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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
Mar - Aug, 2023 42,919 1,843 1,875 1,216 125.8 58.3 Oct 10, 2023 J-GAAP
Mar - Aug, 2024 45,360 1,777 1,800 1,172 121.2 57.9 Oct 11, 2024 J-GAAP
Mar - Aug, 2025 42,892 1,129 1,161 686 71.0 37.3 Oct 10, 2025 J-GAAP
YoY -5.4% -36.5% -35.5% -41.5% -41.4%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2025 Guidance 19 Apr 11, 2025 J-GAAP
Mar - Aug, 2025 Results 42,892 1,129 1,161 686 71.0 19 Oct 10, 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
Sep - Feb, 2024 45,121 1,300 1,308 776 80.2 19 Apr 11, 2025 J-GAAP
Sep - Feb, 2025 Guidance 44,508 1,951 1,949 1,064 112.4 19 Oct 10, 2025 J-GAAP
YoY -1.4% +50.1% +49.0% +37.1% +40.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2024 87,107 3,162 3,215 1,854 191.7 38 Apr 10, 2024 J-GAAP
Feb, 2025 90,481 3,077 3,108 1,948 201.3 38 Apr 11, 2025 J-GAAP
Feb, 2026 Guidance 87,400 3,080 3,110 1,750 184.9 38 Apr 11, 2025 J-GAAP
YoY -3.4% +0.1% +0.1% -10.2% -8.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2024 23,083 990 1,009 658 68.1 4.3 Oct 11, 2024 J-GAAP
Sep - Nov, 2024 22,422 795 810 522 54.0 3.5 Jan 14, 2025 J-GAAP
Dec - Feb, 2024 22,699 505 498 254 26.3 2.2 Apr 11, 2025 J-GAAP
Mar - May, 2025 21,206 302 316 166 17.2 1.4 Jul 11, 2025 J-GAAP
Jun - Aug, 2025 21,686 827 845 520 53.8 3.8 Oct 10, 2025 J-GAAP
YoY -6.1% -16.5% -16.3% -21.0% -20.9%

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