Kanro Inc.
Supplementary Materials for FY2026 Q3 Financial Results
For FY2026 Q3, sales were 24,392 million yen (Year-over-Year +4.7%) while operating income declined to 3,341 million yen (YoY -20.5%). Gummies grew +6.1% and candies grew +4.8%. Full-year forecast remains unchanged. Global expansion centered on the U.S. and investment in a new gummy line are progressing. Share buyback is expected to improve ROE and EPS (FY2026 forecast).
Key Figures
- Net Sales: 24,392 million yen
- Operating Income: 3,341 million yen
- Ordinary Income: 3,380 million yen
- Quarterly Net Income: 1,904 million yen
- Gross Profit Margin: 42.1% (Jan-Sep)
- Full-year Forecast: Net Sales 36,500 million yen, Operating Income 4,200 million yen (FY2026 forecast)
AI要約
Overview of Results
In FY2026 Q3, net sales increased year-on-year, while profitability deteriorated significantly. Core candy and gummy sales remained solid, with gummies up 6.1% and candies up 4.8%. Increases in selling, general and administrative expenses were driven by higher advertising expenses, personnel costs, and general expenses, and rising raw material and transportation costs also had an impact. There is no major revision to the full-year forecast, and the company plans to consider flexible price adjustments in response to the main macro environment and cost increases.
Outlook and Shareholder Value
While monitoring market fluctuations, the company intends to maintain and expand market share using Intage market data as a reference. Establishment and expansion of Kanro America and growth in global operations are underway, aiming to increase sales in subsequent periods and improve ROE and EPS. A share buyback is expected to contribute to ROE and EPS improvement, and the company also aims to strengthen financial soundness.
Revenue Trend
Operating Income Trend
Gross Profit Margin Trend
Forecast vs. Actual Comparison
Kanro Inc.
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