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Revision of earnings forecasts7122THE KINKI SHARYO CO.,LTD.Automobiles and transportation equipment

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

The consolidated results for the fiscal year ended March 2026 were finalized, and full-year earnings forecasts for the fiscal year ending March 2027 were newly presented. Although revenue increased in the fiscal year ended March 2026, operating profit and ordinary profit declined, while net income increased due in part to gains on sales of investment securities.

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Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→53,000million
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Operating profit—→100million
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Ordinary income—→100million
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Profit attributable to owners of the parent—→1,000million
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Net income per share—→145.34yen and sen
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The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

In the short term, the Company is concerned about disruptions to resource supplies caused by escalating tensions in the Middle East, as well as increases in raw material and energy prices and personnel expenses. Meanwhile, it expects demand in Japan for new railway rolling stock from railway operators, and overseas plans for new rolling stock from railway operators with which it has a track record of deliveries.

Previous-period resultsRevenue: ¥37,100 million; operating loss: ¥234 million; ordinary profit: ¥192 million; net income attributable to owners of the parent: ¥1,570 million; net income per share: ¥228.32
Dividend forecast revisionThe annual dividend forecast for the fiscal year ending March 2027 is ¥50.00 (year-end dividend: ¥50.00).
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → ¥53,000 million
Operating profitNot disclosed → ¥100 million
Ordinary incomeNot disclosed → ¥100 million
Profit attributable to owners of the parentNot disclosed → ¥1,000 million
Net income per shareNot disclosed → 145.34 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Previous-period resultsRevenue: ¥37,100 million; operating loss: ¥234 million; ordinary profit: ¥192 million; net income attributable to owners of the parent: ¥1,570 million; net income per share: ¥228.32
Reason for the revisionIn the short term, the Company is concerned about disruptions to resource supplies caused by escalating tensions in the Middle East, as well as increases in raw material and energy prices and personnel expenses. Meanwhile, it expects demand in Japan for new railway rolling stock from railway operators, and overseas plans for new rolling stock from railway operators with which it has a track record of deliveries.
Dividend forecast revisionThe annual dividend forecast for the fiscal year ending March 2027 is ¥50.00 (year-end dividend: ¥50.00).
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Publication date of previous forecastDetails and amount of extraordinary loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Revenue increased in the fiscal year ended March 2026, driven by trains supplied to JR West, Kintetsu and other customers. Net income attributable to owners of the parent increased, mainly due to the recognition of a ¥961 million gain on the partial sale of investment securities. Although the Company is concerned about increases in raw material and energy prices and personnel expenses resulting from the situation in the Middle East, it expects demand for railway rolling stock in Japan and overseas going forward.

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Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | THE KINKI SHARYO CO.,LTD. (7122) timely disclosure | Komori