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KANADEN, First Half Ordinary Profit Increases by 18%, Jul-Sep Ordinary Profit Increases by 39%
8081 KANADEN CORPORATION 【J-GAAP】
Earnings ReportKANADEN CORPORATION <8081> [TSE Prime] announced its financial results after the market closed on November 4th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 18.1% from the same period last year, reaching 1.80 billion yen. However, Progress toward the full-year plan of 5.70 billion yen was 31.7%, almost the same as the five-year average of 34.7%.
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 grow 21.7% from the same period last year, reaching 3.89 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 38.9% from the same period last year, reaching 1.32 billion yen. However, the operating profit margin remained almost flat, changing from 4.0% in the same period last year to 3.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 53,647 | 1,846 | 2,202 | 1,476 | 63.0 | 44.1 | Oct 31, 2023 | J-GAAP |
| Apr - Sep, 2024 | 51,812 | 1,516 | 1,530 | 891 | 38.0 | 32.3 | Oct 29, 2024 | J-GAAP |
| Apr - Sep, 2025 | 61,657 | 1,676 | 1,807 | 1,198 | 53.8 | 31.7 | Nov 4, 2025 | J-GAAP |
| YoY | +19.0% | +10.6% | +18.1% | +34.5% | +41.5% |
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 | 59,000 | 1,900 | 1,900 | 1,350 | 60.6 | 36 | May 16, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 61,657 | 1,676 | 1,807 | 1,198 | 53.8 | 36 | Nov 4, 2025 | J-GAAP |
| Revision Rate | +4.5% | -11.8% | -4.9% | -11.3% | -11.2% |
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 | 73,853 | 2,984 | 3,200 | 3,051 | 131.0 | 39 | May 16, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 73,343 | 4,024 | 3,893 | 2,702 | 121.2 | 36 | Nov 4, 2025 | J-GAAP |
| YoY | -0.7% | +34.9% | +21.7% | -11.4% | -7.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 116,271 | 4,544 | 4,994 | 3,474 | 148.2 | 53 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 125,665 | 4,500 | 4,730 | 3,942 | 169.3 | 70 | May 16, 2025 | J-GAAP |
| Mar, 2026 Guidance | 135,000 | 5,700 | 5,700 | 3,900 | 174.9 | 72 | May 16, 2025 | J-GAAP |
| YoY | +7.4% | +26.7% | +20.5% | -1.1% | +3.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 29,371 | 1,179 | 953 | 533 | 22.7 | 4.0 | Oct 29, 2024 | J-GAAP |
| Oct - Dec, 2024 | 27,588 | 508 | 853 | 937 | 40.0 | 1.8 | Feb 3, 2025 | J-GAAP |
| Jan - Mar, 2025 | 46,265 | 2,476 | 2,347 | 2,114 | 90.8 | 5.4 | May 16, 2025 | J-GAAP |
| Apr - Jun, 2025 | 29,609 | 469 | 483 | 311 | 14.0 | 1.6 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 32,048 | 1,207 | 1,324 | 887 | 39.8 | 3.8 | Nov 4, 2025 | J-GAAP |
| YoY | +9.1% | +2.4% | +38.9% | +66.4% | +75.1% |
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