Kanemi Co.,Ltd. [2669.T]

TOKYO, Apr 09 (Pulse News Wire) – Kanemi CO.,LTD. (2669.T) reported its fiscal results for the February 2026 quarter.

Total revenue decreased to ¥86.65 billion compared to ¥90.48 billion in the previous year, marking a decline of 4.2%. Despite overall revenue reduction, tenant business revenue grew to ¥45.883 billion, up 103.3% from the prior year. However, external sales dropped significantly to ¥39.233 billion, down 88%. In terms of profitability, operating profit was ¥2.132 billion, while ordinary profit declined to ¥3.077 billion.

Net income also saw a decrease to ¥2.087 billion, representing a drop of 9.3% from the previous year. The company attributed the revenue decline primarily to reduced external sales volumes and higher operational costs. Additionally, Kanemi highlighted sustainability efforts such as promoting women's career advancement, achieving an 88% overall maternity leave take-up rate as of February 28, 2026, and implementing renewable energy solutions across facilities. The firm also contributed to CO₂ emissions reduction through initiatives like converting waste cooking oil into sustainable aviation fuel, contributing to a total of 110,184 kg of CO₂ reductions during the fiscal year.

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