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.
February 13, 2026
Company name: Kamigumi Corporation Listing: Tokyo Stock Exchange
Securities code: 9364
URL: https://www.kamigumi.co.jp/ Representative: Please refer to the website. Inquiries: Please refer to the website.
Telephone: +81-78-271-5119
Scheduled date to commence dividend payments: -
Preparation of supplementary material on financial results: None
Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the nine months ended December 31, 2025 (from April 1, 2025 to December 31, 2025)
Note: Comprehensive income For the nine months ended December 31, 2025:
¥30,630 million
[58.7%]
For the nine months ended December 31, 2024:
¥19,299 million
[(25.9)%]
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Operating revenues
Operating profit
Ordinary profit
Profit attributable to owners of parent
Nine months ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
December 31, 2025
222,463
5.9
28,791
12.7
32,193
13.6
22,695
10.6
December 31, 2024
209,974
3.6
25,551
8.2
28,343
6.0
20,517
5.8
Basic earnings per share
Diluted earnings per share
Nine months ended
Yen
Yen
December 31, 2025
224.95
-
December 31, 2024
194.48
-
- Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
As of
Millions of yen
Millions of yen
%
December 31, 2025
524,717
391,110
74.1
March 31, 2025
491,092
384,518
78.0
Reference: Equity
As of December 31, 2025: ¥388,890 million
As of March 31, 2025: ¥382,889 million
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Fiscal year ended March 31, 2025
-
50.00
-
80.00
130.00
Fiscal year ending March 31, 2026
-
90.00
-
Fiscal year ending March 31, 2026 (Forecast)
95.00
185.00
Note: Revisions to the forecast of cash dividends most recently announced: None
- Forecast of consolidated financial results for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
Operating revenues | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Fiscal year ending March 31, 2026 | Millions of yen 287,100 | % 2.8 | Millions of yen 35,000 | % 5.8 | Millions of yen 39,200 | % 6.9 | Millions of yen 29,400 | % 9.2 | Yen 293.12 |
Note: Revisions to the earnings forecasts most recently announced: None
* NotesSignificant changes in the scope of consolidation during the period: Yes
Newly included: 4 companies (Saurashtra Freight Pvt.Ltd and three of its subsidiaries)
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
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 December 31, 2025
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 December 31, 2025
6,833,493 shares
As of March 31, 2025
5,299,299 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2025 | 100,892,087 shares |
Nine months ended December 31, 2024 | 105,502,014 shares |
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:Yes (optional)
Proper use of earnings forecasts, and other special matters
The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors.
Quarterly consolidated balance sheet(Millions of yen)
As of March 31, 2025 As of December 31, 2025Assets | ||
Current assets | ||
Cash and deposits | 75,096 | 62,789 |
Trade notes and accounts receivable, and contract assets | 48,512 | 56,989 |
Electronically recorded monetary claims - operating | 1,094 | 1,038 |
Securities | 26,790 | 13,241 |
Inventories | 1,046 | 1,156 |
Other | 3,878 | 4,375 |
Allowance for doubtful accounts | (56) | (63) |
Total current assets | 156,362 | 139,527 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 96,294 | 95,993 |
Land | 100,764 | 100,764 |
Other, net | 26,228 | 29,288 |
Total property, plant and equipment | 223,287 | 226,046 |
Intangible assets | ||
Goodwill | - | 16,286 |
Other | 6,684 | 7,260 |
Total intangible assets | 6,684 | 23,546 |
Investments and other assets | ||
Investment securities | 96,863 | 127,434 |
Other | 8,792 | 9,048 |
Allowance for doubtful accounts | (898) | (886) |
Total investments and other assets | 104,757 | 135,596 |
Total non-current assets | 334,729 | 385,190 |
Total assets | 491,092 | 524,717 |
(Millions of yen)
As of March 31, 2025 | As of December 31, 2025 | |||
Liabilities | ||||
Current liabilities | ||||
Trade notes and accounts payable | 26,152 | 20,555 | ||
Short-term borrowings | 486 | 599 | ||
Current portion of long-term borrowings | - | 10,172 | ||
Income taxes payable | 6,852 | 3,459 | ||
Provision for bonuses | 182 | 115 | ||
Other | 12,986 | 13,749 | ||
Total current liabilities | 46,660 | 48,652 | ||
Non-current liabilities | ||||
Long-term borrowings | 40,000 | 60,480 | ||
Provision for retirement benefits for directors (and other officers) | 100 | 106 | ||
Provision for special repairs for ships and vessels | 7 | - | ||
Retirement benefit liability | 16,221 | 16,893 | ||
Provision for loss on business of subsidiaries and associates | 267 | - | ||
Other | 3,316 | 7,474 | ||
Total non-current liabilities | 59,913 | 84,955 | ||
Total liabilities | 106,574 | 133,607 | ||
Net assets | ||||
Shareholders' equity | ||||
Share capital | 31,642 | 31,642 | ||
Capital surplus | 26,854 | 26,866 | ||
Retained earnings | 317,009 | 322,499 | ||
Treasury shares | (15,528) | (22,837) | ||
Total shareholders' equity | 359,976 | 358,171 | ||
Accumulated other comprehensive income | ||||
Valuation difference on available-for-sale securities | 18,450 | 26,286 | ||
Foreign currency translation adjustment | 1,654 | 1,770 | ||
Remeasurements of defined benefit plans | 2,807 | 2,662 | ||
Total accumulated other comprehensive income | 22,912 | 30,719 | ||
Non-controlling interests | 1,629 | 2,219 | ||
Total net assets | 384,518 | 391,110 | ||
Total liabilities and net assets | 491,092 | 524,717 |
Quarterly consolidated statement of income | (Millions of yen) | ||
Nine months ended December 31, 2024 | Nine months ended December 31, 2025 | ||
Operating revenue | 209,974 | 222,463 | |
Operating costs | 167,892 | 174,943 | |
Operating gross profit | 42,081 | 47,519 | |
Selling, general and administrative expenses | 16,530 | 18,727 | |
Operating profit | 25,551 | 28,791 | |
Non-operating income | |||
Interest income | 91 | 227 | |
Dividend income | 1,638 | 1,745 | |
Share of profit of entities accounted for using equity method | 1,038 | 1,461 | |
Other | 238 | 320 | |
Total non-operating income | 3,007 | 3,754 | |
Non-operating expenses | |||
Interest expenses | 60 | 167 | |
Foreign exchange losses | 115 | 148 | |
Other | 39 | 38 | |
Total non-operating expenses | 214 | 353 | |
Ordinary profit | 28,343 | 32,193 | |
Extraordinary income | |||
Gain on sale of non-current assets | 162 | 56 | |
Gain on sale of investment securities | 815 | 82 | |
Reversal of provision for loss on business of subsidiaries and associates | - | 28 | |
Total extraordinary income | 978 | 167 | |
Extraordinary losses | |||
Loss on sale and retirement of non-current assets | 48 | 68 | |
Loss on sale of investment securities | 3 | - | |
Loss on sale of golf club membership | 11 | - | |
Total extraordinary losses | 63 | 68 | |
Profit before income taxes | 29,258 | 32,292 | |
Income taxes - current | 8,480 | 9,033 | |
Income taxes - deferred | 232 | 479 | |
Total income taxes | 8,713 | 9,512 | |
Profit | 20,544 | 22,779 | |
Profit attributable to non-controlling interests | 26 | 83 | |
Profit attributable to owners of parent | 20,517 | 22,695 |