DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
May 14, 2026
Company name: Kamigumi Co., Ltd. Listing: Tokyo Stock Exchange
Securities code: 9364
URL: https://www.kamigumi.co.jp/
Representative: Norihito Tahara, President & Representative Director
Inquiries: Yasuhiro Kishino, Senior Corporate Officer, General Manager of Financial Hq. Telephone: +81-78-271-5119
Scheduled date of annual general meeting of shareholders: June 26, 2026 Scheduled date to commence dividend payments: June 29, 2026
Scheduled date to file annual securities report: June 25, 2026
Preparation of supplementary material on financial results: Yes
Holding of financial results briefing: Yes (for institutional investors and analysts)
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
Note: Comprehensive income For the fiscal year ended March 31, 2026:
¥43,425 million
[71.1%]
For the fiscal year ended March 31, 2025:
¥25,372 million
[(30.0)%]
-
Consolidated operating results (Percentages indicate year-on-year changes.)
Operating revenues
Operating profit
Ordinary profit
Profit attributable to owners of parent
Fiscal year ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
March 31, 2026
294,758
5.6
36,544
10.4
40,685
11.0
31,262
16.1
March 31, 2025
279,182
4.6
33,095
8.2
36,655
7.2
26,935
7.6
Basic earnings per share
Diluted earnings per share
Return on equity
Ratio of ordinary profit to total assets
Operating profit to operating revenues ratio
Fiscal year ended
Yen
Yen
%
%
%
March 31, 2026
311.26
-
8.0
7.9
12.4
March 31, 2025
257.88
-
7.0
7.5
11.9
Reference: Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended March 31, 2026: ¥2,068 million
For the fiscal year ended March 31, 2025: ¥1,354 million
-
Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
Millions of yen
Millions of yen
%
Yen
March 31, 2026
538,407
397,859
73.5
4,006.48
March 31, 2025
491,092
384,518
78.0
3,780.59
Reference: Equity
As of March 31, 2026: ¥395,523 million
As of March 31, 2025: ¥382,889 million
- Consolidated cash flows
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period
Fiscal year ended
Millions of yen
Millions of yen
Millions of yen
Millions of yen
March 31, 2026
35,717
(60,608)
(1,613)
69,189
March 31, 2025
40,409
(7,467)
(17,894)
95,509
-
Consolidated operating results (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
Fiscal year ended March 31, 2025
-
50.00
-
80.00
130.00
13,425
50.4
3.5
Fiscal year ended March 31, 2026
-
90.00
-
115.00
205.00
20,455
65.9
5.3
Fiscal year ending March 31, 2027 (Forecast)
100.00
105.00
205.00
74.0
- Forecast of consolidated financial results for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)
(Percentages indicate year-on-year changes.)
Operating revenues | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |
Six months ending September 30, 2026 | 151,000 | 3.1 | 17,400 | (9.8) | 19,300 | (10.2) | 14,200 | (6.9) | 143.84 |
Fiscal year ending March 31, 2027 | 305,000 | 3.5 | 34,300 | (6.1) | 37,500 | (7.8) | 27,340 | (12.5) | 276.94 |
Significant changes in the scope of consolidation during the period: Yes
Newly included: 4 companies (SAURASHTRA FREIGHT PVT.LTD. AND 3 SUBSIDIARIES)
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2026
106,576,837 shares
As of March 31, 2025
106,576,837 shares
Number of treasury shares at the end of the period
As of March 31, 2026
7,855,893 shares
As of March 31, 2025
5,299,299 shares
Average number of shares outstanding during the period
Fiscal year ended March 31, 2026 | 100,437,660 shares |
Fiscal year ended March 31, 2025 | 104,450,937 shares |
(Millions of yen)
As of March 31, 2025 As of March 31, 2026Assets | ||
Current assets | ||
Cash and deposits | 75,096 | 76,279 |
Trade notes and accounts receivable, and contract assets | 48,512 | 50,664 |
Electronically recorded monetary claims - operating | 1,094 | 897 |
Securities | 26,790 | 17,095 |
Inventories | 1,046 | 1,177 |
Other | 3,878 | 3,503 |
Allowance for doubtful accounts | (56) | (83) |
Total current assets | 156,362 | 149,534 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 96,294 | 92,519 |
Machinery, equipment and vehicles, net | 17,454 | 22,746 |
Land | 100,764 | 99,517 |
Construction in progress | 6,928 | 8,263 |
Other, net | 1,845 | 2,357 |
Total property, plant and equipment | 223,287 | 225,404 |
Intangible assets | ||
Goodwill | - | 11,081 |
Other | 6,684 | 14,784 |
Total intangible assets | 6,684 | 25,865 |
Investments and other assets | ||
Investment securities | 96,863 | 129,088 |
Deferred tax assets | 232 | 483 |
Other | 8,560 | 8,929 |
Allowance for doubtful accounts | (898) | (899) |
Total investments and other assets | 104,757 | 137,602 |
Total non-current assets | 334,729 | 388,872 |
Total assets | 491,092 | 538,407 |
(Millions of yen)
As of March 31, 2025 | As of March 31, 2026 | |||
Liabilities | ||||
Current liabilities | ||||
Trade notes and accounts payable | 26,152 | 20,417 | ||
Short-term borrowings | 486 | - | ||
Current portion of long-term borrowings | - | 20,169 | ||
Income taxes payable | 6,852 | 7,936 | ||
Provision for bonuses | 182 | 200 | ||
Other | 12,986 | 14,931 | ||
Total current liabilities | 46,660 | 63,654 | ||
Non-current liabilities | ||||
Long-term borrowings | 40,000 | 50,422 | ||
Deferred tax liabilities | 2,439 | 9,813 | ||
Provision for retirement benefits for directors (and other officers) | 100 | 109 | ||
Provision for special repairs for ships and vessels | 7 | - | ||
Retirement benefit liability | 16,221 | 15,259 | ||
Provision for loss on business of subsidiaries and associates | 267 | - | ||
Other | 877 | 1,287 | ||
Total non-current liabilities | 59,913 | 76,893 | ||
Total liabilities | 106,574 | 140,547 | ||
Net assets | ||||
Shareholders' equity | ||||
Share capital | 31,642 | 31,642 | ||
Capital surplus | 26,854 | 26,913 | ||
Retained earnings | 317,009 | 331,210 | ||
Treasury shares | (15,528) | (28,468) | ||
Total shareholders' equity | 359,976 | 361,297 | ||
Accumulated other comprehensive income | ||||
Valuation difference on available-for-sale securities | 18,450 | 28,303 | ||
Foreign currency translation adjustment | 1,654 | 1,780 | ||
Remeasurements of defined benefit plans | 2,807 | 4,141 | ||
Total accumulated other comprehensive income | 22,912 | 34,225 | ||
Non-controlling interests | 1,629 | 2,336 | ||
Total net assets | 384,518 | 397,859 | ||
Total liabilities and net assets | 491,092 | 538,407 |
Consolidated statement of income | (Millions of yen) | ||
Fiscal year ended March 31, 2025 | Fiscal year ended March 31, 2026 | ||
Operating revenue | 279,182 | 294,758 | |
Operating costs | 223,646 | 232,627 | |
Operating gross profit | 55,536 | 62,130 | |
Selling, general and administrative expenses | 22,440 | 25,586 | |
Operating profit | 33,095 | 36,544 | |
Non-operating income | |||
Interest income | 156 | 365 | |
Dividend income | 1,683 | 1,896 | |
Foreign exchange gains | 47 | - | |
Share of profit of entities accounted for using equity method | 1,354 | 2,068 | |
Other | 464 | 536 | |
Total non-operating income | 3,706 | 4,867 | |
Non-operating expenses | |||
Interest expenses | 79 | 359 | |
Foreign exchange losses | - | 216 | |
Other | 66 | 150 | |
Total non-operating expenses | 146 | 725 | |
Ordinary profit | 36,655 | 40,685 | |
Extraordinary income | |||
Gain on sale of non-current assets | 167 | 1,154 | |
Gain on sale of investment securities | 1,225 | 4,387 | |
Subsidy income | 574 | 526 | |
Reversal of provision for loss on business of subsidiaries and associates | - | 28 | |
Total extraordinary income | 1,967 | 6,096 | |
Extraordinary losses | |||
Loss on sale and retirement of non-current assets | 56 | 416 | |
Loss on sale of investment securities | 3 | - | |
Loss on valuation of investment securities | - | 1,059 | |
Loss on valuation of shares of subsidiaries and associates | 99 | 863 | |
Loss on sale of golf club membership | 11 | - | |
Compensation for damage | 181 | - | |
Provision of allowance for doubtful accounts | 185 | - | |
Total extraordinary losses | 538 | 2,339 | |
Profit before income taxes | 38,084 | 44,442 | |
Income taxes - current | 11,744 | 13,404 | |
Income taxes - deferred | (639) | (354) | |
Total income taxes | 11,104 | 13,049 | |
Profit | 26,979 | 31,393 | |
Profit attributable to non-controlling interests | 44 | 130 | |
Profit attributable to owners of parent | 26,935 | 31,262 |