TOKYO, Apr 10 (Pulse News Wire) – GIKEN LTD. (6289.T) reported its second quarter results for the fiscal year ending August 2026, showing revenue growth of 28.8%.
Consolidated revenue reached 324 billion yen, marking an increase compared to the same period last year. Operating profit stood at 1.473 billion yen, reflecting higher sales but also increased costs due to rising raw material prices and administrative expenses. In the construction machinery division, revenue surged across domestic and international markets, driven by strong demand for general machines and rental services of large special equipment. However, operating profit declined slightly due to higher input costs and increased selling and administrative expenses.
For the underground construction division, while revenue grew domestically and internationally, operating profit decreased due to fewer high-value development projects. Despite challenges, the company remains optimistic about future prospects, particularly in key regions such as Asia and Europe, where ongoing infrastructure projects continue to drive demand for their innovative technologies. The company reaffirmed its annual guidance, expecting total revenue of 27.8 billion yen for the fiscal year ending August 2026, with operating profit targeted at 1.473 billion yen. Additionally, GIKEN LTD.
Plans to maintain a stable dividend policy, aiming for a payout ratio of around 62.3%, with a minimum target of 3.5% based on net assets.
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