Daiichi Kotsu Sangyo [9035.F]

TOKYO, May 14 (Pulse News Wire) – First Transportation Industry Co., Ltd. (9035.T) reported its individual performance for the fiscal year ending March 31, 2026, showing a revenue increase but significant declines in operating profit and ordinary profit compared to the previous fiscal year.

For the fiscal year ended March 31, 2026, the company's revenue per share was ¥34.75 billion, up from ¥30.60 billion in the fiscal year ended March 31, 2025. However, the operating profit per share decreased to ¥2.926 billion from ¥3.516 billion, while the ordinary profit per share was ¥2.672 billion from ¥3.578 billion. The net income per share increased to ¥41.5 million from ¥29.4 million. The changes resulted in growth rates of 13.6%, -16.8%, and -25.3% for revenue, operating profit, and ordinary profit, respectively.

In contrast, the net income saw a substantial increase of 43.1%. Regarding the reasons for these differences, the company attributed the revenue increase primarily to higher sales from newly completed condominium units in its real estate development projects. The rise in net income was due to special gains from asset transfers, including fixed asset sale profits. --- This report highlights the mixed results for First Transportation Industry Co., Ltd., reflecting both positive and negative trends across key financial metrics.

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