KFC (3420) investor relations material

Executive summary

• Revenue for Q1 FY2027 was ¥5,671 million, a 7.0% decrease year-over-year, mainly due to lower sales in construction and civil engineering segments.

• Despite lower revenue, operating profit rose to ¥546 million and ordinary profit surged 120.7% to ¥627 million, driven by additional contracts in large-scale construction projects.

• Net income attributable to shareholders increased 122.9% year-over-year to ¥431 million.

Financial highlights

• Comprehensive income for Q1 FY2027 was ¥462 million, up 185.9% year-over-year.

• Earnings per share for the quarter were ¥58.69, compared to ¥26.33 in the prior year.

• Total assets at quarter-end were ¥28,088 million, down 6.3% from the previous fiscal year-end, mainly due to a decrease in cash and deposits.

• Net assets were ¥22,141 million, with an equity ratio of 78.8%, up 4.8 points from the previous year-end.

Outlook and guidance

• Full-year revenue forecast is ¥27,000 million, a 5.7% increase year-over-year.

• Full-year operating profit is projected at ¥1,600 million, up 38.8%, and net income at ¥1,080 million, up 36.2%.

• Interim and year-end dividends are forecast at ¥70 per share, up from ¥65 last year.

• The company revised its Q2 forecast upward based on Q1 results.