Kanagawa Chuo Kotsu Co., Ltd. Revises H1 Earnings Forecast — Operating Profit Up 31%
Kanagawa Chuo Kotsu Co., Ltd. (TSE:9081), a Japanese transportation and automotive services operator, raised its interim earnings guidance for the fiscal year ending March 2027, citing stronger-than-expected passenger demand and robust vehicle sales.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 62.7bn | JPY 64.7bn | +3.2% |
| Operating Profit | JPY 3.55bn | JPY 4.65bn | +31.0% |
| Ordinary Income | JPY 3.29bn | JPY 4.48bn | +36.2% |
| 親会社株主に帰属する中間純利益 | JPY 1.69bn | JPY 2.35bn | +39.1% |
| 1株当たり中間純利益 | JPY 137.72/share | JPY 191.51/share | +JPY 53.79/share |
The company attributed the upward revision to three factors: passenger vehicle operations outperforming demand assumptions, strong sales of high-priced commercial vehicles including large trucks in its automotive retail division, and steady vehicle maintenance revenues. Revenue is now forecast at JPY 64.7bn for the interim period, up JPY 2.0bn from the prior estimate.
The revision reflects material improvement across profitability metrics, with operating profit climbing 31% and ordinary income (keijo rieki)—a Japan-specific profit measure including non-operating items—rising 36.2%. Net profit attributable to parent shareholders increased 39.1% to JPY 2.35bn. However, the company maintained its full-year earnings guidance unchanged, signaling caution regarding sustained passenger demand trends and geopolitical risks in the Middle East that could affect fuel costs and logistics operations.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.