Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Hitachi Zosen Corporation ( (JP:7004) ) is now available.
Kanadevia Corporation reported a modest 0.8% decline in net sales to ¥214.5 billion for the fiscal year ended March 2026, but saw operating income drop 56.9% to ¥1.9 billion and ordinary income fall 13.0% to ¥4.4 billion. Net income decreased 9.7% to ¥10.0 billion, with earnings per share slipping from ¥65.92 to ¥59.57, marking a profit decline of more than 30% versus the previous year’s non-consolidated results.
The company attributed the sharp deterioration in operating income primarily to weakened profitability in its core Machinery & Infrastructure Business, underscoring pressure on margins in this segment. However, the decline in ordinary income was partially offset by lower non-operating expenses, helped by the absence of the prior year’s valuation losses on investments, suggesting some stabilization in financial items even as operating performance softened.
More about Hitachi Zosen Corporation
Kanadevia Corporation, listed on the Tokyo Stock Exchange Prime Market under securities code 7004, operates in the machinery and infrastructure sector. The company’s business portfolio centers on its Machinery & Infrastructure Business, which is a key driver of earnings and a major contributor to its non-consolidated financial performance under Japanese GAAP.
Average Trading Volume: 1,046,060
Technical Sentiment Signal: Buy
Current Market Cap: Yen214.9B
See more insights into 7004 stock on TipRanks’ Stock Analysis page.