Kanagawa Chuo Kotsu Co., Ltd.
Notice Regarding Differences Between Earnings Forecasts and Actual Results
Differences arose between the consolidated earnings forecasts and actual results for the second quarter of the fiscal year ending March 2027. Net sales: forecast 65,700 million yen → actual 65,554 million yen, difference -146 million yen. Operating income: forecast 4,650 million yen → actual 5,681 million yen, difference +1,031 million yen. Ordinary income: forecast 4,480 million yen → actual 5,603 million yen, difference +1,123 million yen. Net income attributable to owners of parent for the interim period: forecast 2,350 million yen → actual 3,142 million yen, difference +792 million yen. The factors behind the variances include stronger-than-expected demand in the passenger vehicle business, robust sales and maintenance revenue from higher-priced vehicles, and an extension in the schedule of facility demolition work. Comparisons with the prior period are also provided.
Key Figures
- Net Sales: 65,554 million yen
- Operating Income: 5,681 million yen
- Ordinary Income: 5,603 million yen
AI要約
Key Points of the Earnings Variance
Compared with the consolidated outlook for the second quarter of the fiscal year ending March 2027, net sales and profits at each stage exceeded forecasts. Demand in the passenger vehicle business outperformed expectations, and sales of higher-priced new vehicles and vehicle maintenance revenue in the automobile sales business were robust. In addition, the extension of the work schedule for demolition of existing facilities was taken into account, and actual results exceeded the previous forecast.
Market Impact and Outlook
Due to steady demand and contributions from higher value-added services, the Company's interim profits increased. Considering the factors behind the variances, attention will focus on the resilience toward the next fiscal period and the sustainability of capturing new demand. Whether future earnings forecasts will be revised depends on disclosures in subsequent documents.
Kanagawa Chuo Kotsu Co., Ltd.
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