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Japan Elevator Service
Japan Elevator Service (6544) investor relations material
Japan Elevator Service Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary10 Feb, 2026
Executive summary
Net sales for the nine months ended December 2025 rose 16.9% year-over-year to ¥41,546 million, with operating profit up 28.5% to ¥7,866 million and profit attributable to owners of parent up 28.9% to ¥5,032 million.
Both maintenance & repair and modernization segments performed well, with modernization sales up 27.2% year-over-year.
Sales and operating profit for the nine months ended December 2025 reached 74% of the full-year forecast.
The economic environment in Japan showed moderate recovery, but uncertainty remains due to rising prices and increased cost-reduction needs among companies.
Net increase in maintenance contracts was entirely organic, with 123,370 contracts at the end of December 2025.
Financial highlights
Gross profit for the nine months ended December 2025 was ¥16,071 million, up from ¥13,549 million year-over-year.
EPS for the period was ¥28.24, reflecting a two-for-one stock split and a 28.9% increase year-over-year.
Comprehensive income for the nine months ended December 2025 was ¥5,102 million, up 26.4% year-over-year.
Gross margins improved due to higher maintenance productivity and increased unit prices in modernization.
Profit attributable to owners of parent was ¥5,032 million, up 28.9% year-over-year.
Outlook and guidance
Full-year forecast for fiscal year ending March 2026 remains unchanged: net sales of ¥56,500 million, operating profit of ¥10,600 million, and profit attributable to owners of parent of ¥6,600 million.
Earnings per share for the full year is forecast at ¥37.01, considering the stock split.
Dividend forecast is ¥19 per share, with a payout ratio of 51.3%.
Continued growth in maintenance contracts and modernization shipments expected, with OP margin before amortization targeted above 19%.
Explain modernization business growth drivers
Explain changes in debt structure and growth funding
What productivity improvements drive contract growth?
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Next Japan Elevator Service earnings date
Q4 202612 May, 2026
Japan Elevator Service
Next Japan Elevator Service earnings date
Q4 202612 May, 2026
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Frequently asked questions
Japan Elevator Service Holdings Co., Ltd. (JES) specializes in the maintenance, inspection, and modernization of elevators and escalators. The company offers comprehensive services including regular maintenance, performance inspections, component replacements, and full renewals for aging elevators. JES also sells parts necessary for elevator maintenance. The company operates in various regions across Japan through its subsidiaries, providing services tailored to local needs. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.
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