{"id":49139,"date":"2026-05-13T15:04:48","date_gmt":"2026-05-13T06:04:48","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1948-20260513-02_wp_financial_summary\/"},"modified":"2026-05-13T15:04:48","modified_gmt":"2026-05-13T06:04:48","slug":"1948-20260513-02_wp_financial_summary","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/","title":{"rendered":"Fiscal Year 2026 Financial Results Explanation Materials"},"content":{"rendered":"<p>Achieved FY2025 sales of 44.2 billion yen (YoY +5.0 billion yen), operating profit of 3.89 billion yen (YoY +810 million yen), net income of 2.83 billion yen (YoY +100 million yen), and work-in-progress inventory of 50.1 billion yen (YoY +4.8 billion yen).<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"1948","jir_company_name":"Kodenja Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/1948-20260513-02.pdf","jir_short_summary":"Achieved FY2025 sales of 44.2 billion yen (YoY +5.0 billion yen), operating profit of 3.89 billion yen (YoY +810 million yen), net income of 2.83 billion yen (YoY +100 million yen), and work-in-progress inventory of 50.1 billion yen (YoY +4.8 billion yen).","jir_summary":"### Performance Overview\nFY2025 sales reached 44.2 billion yen, marking an increase of 5.0 billion yen YoY. The primary driver was higher revenue from electrical equipment construction, despite a decline in product sales, resulting in an overall increasing trend. Operating profit was 3.89 billion yen, up 810 million yen YoY, and net income was 2.83 billion yen, up 100 million yen YoY. Work-in-progress inventory stood at 50.1 billion yen, increased by 4.8 billion yen due to large project orders, maintaining a solid order environment. ROE slightly declined to 12.1%, while total assets increased by 5.8 billion yen to 39.2 billion yen, strengthening the financial base.\n\n### Earnings Guidance and Future Outlook for FY2026\nFor FY2026, consolidated forecasts project sales of 45.0 billion yen, operating profit of 3.6 billion yen, ordinary profit of 3.65 billion yen, and net income of 2.4 billion yen. Based on the medium-term management plan, the company will continue DX investments and human resources investments, while ensuring the completion of ongoing projects and appropriately reflecting cost increases to secure operating profit of 3.6 billion yen. The market environment remains positive due to continued public investments, private sector capital expenditure, and realization of large redevelopment projects, but risks such as rising prices and geopolitical uncertainties are acknowledged. The group aims to maintain work-in-progress inventory exceeding 50 billion yen through large project orders while continuing growth investments and shareholder returns.","jir_financial_highlights":"Sales: 442 billion yen (YoY +50 billion yen)\nOperating Profit: 38.9 billion yen (YoY +8.1 billion yen)\nNet Income: 28.3 billion yen (YoY +1 billion yen)\nWork-in-Progress Inventory: 501 billion yen (YoY +4.8 billion yen)\nROE: 12.1% (YoY -0.9 percentage points)\nTotal Assets: 39.2 billion yen (YoY +5.8 billion yen)\nShareholders' Equity: 25.017 billion yen (YoY +3.207 billion yen)\nInterest-Bearing Debt: 4.6 billion yen (YoY -400 million yen)\nFree Cash Flow: 1.099 billion yen (YoY +233 million yen)","jir_category":"","jir_hashtags":"#Kodenja Corporation, #Financial Results Explanation Materials, #Japanese Stocks","jir_key_figures":"Sales: 442 billion yen (YoY +50 billion yen)\nOperating Profit: 38.9 billion yen (YoY +8.1 billion yen)\nWork-in-Progress Inventory: 501 billion yen (YoY +4.8 billion yen)","jir_meta_title":"\u3010Kodenja Corporation\u3011 FY2025 Financial Results\uff5cSales 44.2 billion yen (YoY +11.3%)","jir_meta_description":"Kodenja Corporation FY2025 financial results explanation. Achieved sales of 44.2 billion yen, operating profit of 3.89 billion yen, net income of 2.83 billion yen. Work-in-progress inventory increased to 50.1 billion yen due to large project orders. Forecast for FY2026 includes sales of 45.0 billion yen and operating profit of 3.6 billion yen.","jir_og_title":"\u3010Kodenja Corporation\u3011 FY2025 Financial Results\uff5cSales 44.2 billion yen (YoY +11.3%)","jir_og_description":"Kodenja FY2025 results. Sales of 44.2 billion yen, operating profit of 3.89 billion yen, work-in-progress inventory of 50.1 billion yen. Forecasts for FY2026 include sales of 45.0 billion yen and operating profit of 3.6 billion yen.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue Trends (2016 Fiscal Year to 2025 Fiscal Year)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2016\\\",\\\"FY2017\\\",\\\"FY2018\\\",\\\"FY2019\\\",\\\"FY2020\\\",\\\"FY2021\\\",\\\"FY2022\\\",\\\"FY2023\\\",\\\"FY2024\\\",\\\"FY2025\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Electrical Equipment Construction Revenue (100 million yen)\\\",\\\"data\\\":[286,254,283,266,244,216,256,257,303,355],\\\"backgroundColor\\\":\\\"#003366\\\"},{\\\"label\\\":\\\"Product Sales Revenue (100 million yen)\\\",\\\"data\\\":[87,85,93,90,80,75,80,91,89,88],\\\"backgroundColor\\\":\\\"#cccccc\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true,\\\"max\\\":500}},\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Profit Margin Trends (2016 Fiscal Year to 2025 Fiscal Year)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2016\\\",\\\"FY2017\\\",\\\"FY2018\\\",\\\"FY2019\\\",\\\"FY2020\\\",\\\"FY2021\\\",\\\"FY2022\\\",\\\"FY2023\\\",\\\"FY2024\\\",\\\"FY2025\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Profit Margin (%)\\\",\\\"data\\\":[4.8,5.0,7.3,7.1,3.8,1.4,2.0,3.3,7.8,8.8],\\\"borderColor\\\":\\\"#ff0000\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true,\\\"max\\\":10}},\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}}}}\"}]","ir_related_company":17474,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-49139","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fiscal Year 2026 Financial Results Explanation Materials - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/\",\"name\":\"Fiscal Year 2026 Financial Results Explanation Materials - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-05-13T06:04:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fiscal Year 2026 Financial Results Explanation Materials\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fiscal Year 2026 Financial Results Explanation Materials - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/","url":"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/","name":"Fiscal Year 2026 Financial Results Explanation Materials - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-05-13T06:04:48+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-1948\/ir\/1948-20260513-02_wp_financial_summary\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Fiscal Year 2026 Financial Results Explanation Materials"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"17474","title":"KODENSHA CO LTD","ticker":"1948"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/49139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=49139"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/49139\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=49139"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=49139"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=49139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}