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90442027 Q1PrimeJGAAP

NANKAI (9044) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥70.6B (+12.6% year on year) and operating income ¥11.3B (+0.1%). The segment drivers and cash flow follow.

NANKAI Co.,Ltd.

Transportation & Logistics/Land Transportation


Financial Highlights

  • Net Sales: ¥70.62B
  • Operating Income: ¥11.33B
  • Net Income: ¥8.05B
  • EPS: ¥72.54

Income Statement

ItemCurrentPriorYoY %
Net Sales¥70.62B¥62.71B+12.6%
SG&A Expenses¥2.41B¥2.15B+11.8%
Operating Income¥11.33B¥11.32B+0.1%
Non-operating Income¥1.36B¥1.08B+25.4%
Non-operating Expenses¥1.51B¥1.18B+27.8%
Ordinary Income¥11.18B¥11.23B−0.4%
Profit Before Tax¥11.65B¥11.25B+3.6%
Income Tax Expense¥3.60B¥3.31B+8.7%
Net Income¥8.05B¥7.94B+1.4%
Net Income Attributable to Owners¥7.85B¥7.65B+2.6%
Total Comprehensive Income¥13.62B¥8.90B+53.0%
Interest Expense¥1.35B¥950M+42.5%
Basic EPS¥72.54¥67.57+7.4%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥117.46B¥132.99B−¥15.52B
Cash and Deposits¥26.93B¥24.48B+¥2.45B
Accounts Receivable¥23.68B¥25.27B−¥1.59B
Inventories¥47.53B¥48.32B−¥787M
Non-current Assets¥944.54B¥932.11B+¥12.43B
Property, Plant & Equipment¥810.46B¥809.64B+¥822M
Intangible Assets¥10.34B¥9.95B+¥395M
Investment Securities¥100.28B¥88.78B+¥11.51B
Total Assets¥1.06T¥1.07T−¥3.10B
Current Liabilities¥157.82B¥195.69B−¥37.87B
Accounts Payable¥14.40B¥20.08B−¥5.67B
Short-term Loans¥77.30B¥76.90B+¥393M
Non-current Liabilities¥539.64B¥515.33B+¥24.32B
Long-term Loans¥271.10B¥250.55B+¥20.55B
Total Liabilities¥697.47B¥711.01B−¥13.55B
Total Equity¥364.54B¥354.08B+¥10.45B
Capital Stock¥72.98B¥72.98B¥0
Capital Surplus¥25.29B¥25.28B+¥7M
Retained Earnings¥167.15B¥162.00B+¥5.14B
Treasury Stock−¥717M−¥715M−¥2M
Owners' Equity¥344.04B¥333.52B+¥10.53B
Working Capital−¥40.36B--

Profitability Ratios

ItemValue
Net Profit Margin11.1%
Current Ratio74.4%
Quick Ratio44.3%
Debt-to-Equity Ratio1.91x
Interest Coverage Ratio8.37x
Effective Tax Rate30.9%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+12.6%
Operating Revenues YoY Change+12.6%
Operating Income YoY Change+0.1%
Ordinary Income YoY Change−0.4%
Profit Before Tax YoY Change+3.6%
Net Income YoY Change+1.4%
Net Income Attributable to Owners YoY Change+2.6%
Total Comprehensive Income YoY Change+53.0%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)108.47M shares
Treasury Stock266K shares
Average Shares Outstanding108.20M shares
Book Value Per Share¥3,369.12

Segment Information

SegmentRevenueOperating Income
Construction¥7.73B¥463M
LeisureAndServices¥9.21B¥1.07B
MerchandisingRetail¥7.70B¥1.23B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥101M−¥133M
RealEstate¥17.50B¥3.97B
UrbanTransportation¥28.37B¥4.71B

Full Year Forecast

ItemForecast
Net Sales Forecast¥287.50B
Operating Income Forecast¥40.00B
Ordinary Income Forecast¥35.90B
Net Income Attributable to Owners Forecast¥23.80B
Basic EPS Forecast¥219.96
Dividend Per Share Forecast¥55.00