A summary of the key points from earnings announced after today’s close. coconala is expected to post a record ordinary profit for the fourth consecutive period, KANADEN has revised its first-half ordinary profit forecast to 16% growth, and ICHINEN HOLDINGS is expected to raise its first-half ordinary profit forecast to 6% growth.
Today, coconala reported consolidated ordinary profit of ¥502 million for the fiscal year ended August 2026, 2.2 times the previous fiscal year’s figure. For the fiscal year ending August 2027, it expects ordinary profit to rise 19.5% year on year to ¥600 million, with revenue of ¥13.0 billion and revenue growth of 26.0%. It also announced plans to establish a joint venture with Eris.
Opro raised its ordinary profit forecast for the fiscal year ending November 2026 and will conduct a share buyback of up to 40,000 shares or ¥87 million.
Propast reported ordinary profit for the June-August quarter (1Q) at 2.8 times the previous fiscal year’s level. The sale of rental development projects and the effect of making subsidiaries contributed to the result, bringing progress against the full-year plan to 77.8%. It also announced a share buyback.
KANADEN raised its first-half ordinary profit forecast for the fiscal year ending March 2027 by 16.7%, from the previous forecast of ¥1.8 billion to ¥2.1 billion. FA systems and other businesses grew on demand for AI and data centers, while the full-year forecast was left unchanged.
ICHINEN HOLDINGS raised its first-half ordinary profit forecast for the fiscal year ending March 2027 by 28.5%, from the previous forecast of ¥5.13 billion to ¥6.6 billion. It expects an upside from sustained demand related to used vehicles and contributions from its other businesses. The full-year profit forecast was left unchanged.