Kanadevia Corporation reported net sales of ¥141.7 billion for the first quarter of the fiscal year ending March 2027, up 13.0% year on year, while its operating loss narrowed to ¥2.4 billion. The bottom line returned to profit following the recognition of an extraordinary gain. Night PTS trading stood at ¥1,156.5, a slight decline from the Tokyo Stock Exchange closing price.
Kanadevia Corporation's results showed net sales of ¥141.7 billion, up 13.0% year on year, and an operating loss of ¥2.4 billion. The bottom line returned to profit following the recognition of an extraordinary gain from the transfer of V-Tech's shares. The full-year operating profit forecast was left unchanged at the previously projected ¥25.5 billion.
According to the share price information, the previous day's closing price was ¥1,160, the opening price was ¥1,151, the current closing price was ¥1,161, and night PTS stood at ¥1,156.5 as of 22:32. Night trading was moving slightly from the Tokyo Stock Exchange closing price. Night-trading volume was shown as 300 shares, with trading value of approximately ¥34.9 million.
On the business front, growth in overseas environmental projects and an increase in orders are said to have the potential to contribute to stabilizing the earnings base. Resource allocation is being reviewed through measures including a concentration of resources resulting from business restructuring and the transfer of solid-state battery-related operations. Key points to monitor in future results include the profitability of overseas projects and the risk of fluctuations in progress due to the concentration of earnings toward the end of the fiscal year.