Kanagawa Chuo Kotsu Co.,Ltd. [9081.T]
TOKYO, Apr 28 (Pulse News Wire) – Kanagawa Chuo Kotsu CO.,LTD. (9081.T) reported revenue growth of ¥126.7 billion for the fiscal year ended March 2026, up from the previous year.
However, operating profit declined to ¥6.776 billion due to increased depreciation expenses and employee benefits costs. Net income was ¥36 billion compared to the previous year, reflecting reduced deferred tax asset adjustments. In its segments, the passenger automobile business saw stable demand leading to higher sales, while real estate operations benefited from an increase in detached housing sales.
Vehicle sales activities showed strong commercial vehicle sales but faced challenges in import car sales. Other businesses experienced mixed results, with food service contributing positively through new store openings and price increases. For the next fiscal year ending March 2027, the company forecasts revenue of ¥126.7 billion, with operating profit expected to drop to ¥6.664 billion amid anticipated declines in truck and bus sales.
Despite these challenges, the firm plans to maintain dividend payouts at the same level as the previous year.
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