Kyowakogyosyo (5971) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 was ¥2,984 million, up 4.6% year-over-year, but operating profit fell 20.5% and net income attributable to shareholders dropped 18.2% compared to the same quarter last year.

• The business environment remained uncertain due to global economic factors, with the construction machinery sector showing modest growth and other segments mixed.

Financial highlights

• Operating profit for Q1 FY2027 was ¥279 million, down 20.5% year-over-year; ordinary profit was ¥357 million, down 14.2%.

• Net income attributable to shareholders was ¥238 million, a decrease of 18.2% year-over-year.

• Comprehensive income for the quarter was ¥530 million, a significant increase due to gains in other comprehensive income.

• EPS for Q1 was ¥183.42, down from ¥224.15 in the prior year.

Outlook and guidance

• Full-year revenue is forecast at ¥10,740 million, down 0.8% year-over-year; net income is projected at ¥610 million, down 29.3%.

• No changes to previously announced earnings guidance.