JAPAN ELEVATOR SERVICE HOLDINGS CO.,LTD. [6544.T]

TOKYO, May 21 (Pulse News Wire) – Japan Elevator Service Holdings CO.,LTD. (6544.T) reported robust results for the quarter ended March 2026, achieving record sales growth and improved profitability.

Revenue surged to ¥60 billion, marking a significant increase compared to the previous fiscal year. Operating profit reached ¥11.01 billion, up 27.7% from the prior year, while net profit climbed to ¥4.105 per share, reflecting strong performance across key segments. The company's domestic maintenance contract base grew to 126,840 units, representing a year-over-year growth rate of approximately 16%.

This expansion was driven by increased personnel and enhanced service quality, enabling the firm to capture more market share. Additionally, revenue from renovation services saw notable price increases, contributing to higher gross margins. Looking ahead, Japan Elevator Service Holdings projects continued momentum in its maintenance and renovation operations, expecting another record-breaking year with sales and profits surpassing previous highs.

Management remains confident in achieving sustained growth through productivity improvements and cost control measures, aiming to further enhance operating margin rates.

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