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Kandenko Co., Ltd. ( (JP:1942) ) has issued an announcement.
Kandenko announced that its subsidiary Kawasaki Setsubi Kogyo has revised upward its earnings forecast for the fiscal year ending March 31, 2026, reflecting stronger-than-expected business conditions. Kawasaki Setsubi now projects net sales of ¥38.2 billion, operating profit of ¥5.0 billion, ordinary profit of ¥5.087 billion and net profit of ¥3.732 billion, all significantly higher than its previous forecast and well above the prior year’s results, driven by an increase in construction projects, higher order unit prices, improved profitability on contracted work, and cost reductions from stricter construction management and quality control, signaling a stronger profit outlook for both the subsidiary and the Kandenko group.
The most recent analyst rating on (JP:1942) stock is a Hold with a Yen6088.00 price target. To see the full list of analyst forecasts on Kandenko Co., Ltd. stock, see the JP:1942 Stock Forecast page.
More about Kandenko Co., Ltd.
Kandenko Co., Ltd. is a Japan-based engineering and construction company listed on the Tokyo Stock Exchange Prime Market, operating through subsidiaries such as Kawasaki Setsubi Kogyo Co., Ltd., which is listed on the Nagoya Stock Exchange Main Market and engages in construction-related projects. The group focuses on electrical and facility construction services, with performance closely tied to the volume and profitability of construction orders and project management efficiency.
Average Trading Volume: 1,041,525
Technical Sentiment Signal: Buy
Current Market Cap: Yen1135.9B
Find detailed analytics on 1942 stock on TipRanks’ Stock Analysis page.