Kanadevia announced its results for the current fiscal year on 5 November. While the consolidated operating loss narrowed in the second quarter, the company revised its full-year profit forecast down from the previous forecast, and operating profit for the second half is expected to expand to approximately ¥26.5 billion.
Kanadevia announced that its consolidated operating loss for the cumulative second quarter of the fiscal year ending March 2027 (April-September) was ¥3.52 billion. The company recorded a loss of ¥7.78 billion in the same period of the previous year, so the loss narrowed. Meanwhile, the full-year profit forecast was revised down 9.8%, from the previous forecast of ¥25.5 billion to ¥23.0 billion; the previous fiscal year's actual result was ¥12.1 billion. The expected increase in profit was reduced from 2.1 times to 88.6%.
Based on the first-half results and full-year plan announced by the company, consolidated operating profit for the second half (October-March) is calculated to increase 32.8% year on year to ¥26.5 billion.