Kanadevia revised down its full-year earnings forecast for the current fiscal year, reducing operating profit to ¥23.0 billion. In its latest results, the first-half loss narrowed, while the company maintained its forecast that the second half would exceed the previous year.
Kanadevia announced its results after the close on 5 November 2026, reporting a consolidated operating loss of ¥3.52 billion, narrower than the ¥7.78 billion loss recorded in the same period of the previous year.
The consolidated operating loss for July-September was ¥1.12 billion, significantly narrower than the ¥3.72 billion loss in the same period of the previous year. The operating margin on sales improved from -2.6% to -0.7%.
The full-year earnings forecast was revised down by 9.8%, from the previous ¥25.5 billion to ¥23.0 billion, with the expected increase in profit reduced from 2.1 times to 88.6%. Based on the first-half results and this revision, consolidated operating profit for the second half is calculated to increase approximately 32.8% year on year to ¥26.5 billion.
Together with the new year-end forecast, the revised forecast for the current fiscal year includes revenue of ¥640,000 million and operating profit of ¥23,000 million. Attention will focus on the second-half performance in future disclosures.