Kanematsu KK

Latest Results (23.05.2024):

Revenue Growth

In the fiscal year ended March 2024, Kanematsu KK reported a significant increase in revenue, totaling 985,993 million yen, which marks an 8.2% rise from the previous fiscal year's revenue of 911,408 million yen. This growth underscores a robust performance across the company's diversified business segments.

Profitability Enhancement

Kanematsu KK's profit attributable to owners of the parent for the fiscal year ended March 2024 was 24,586 million yen, slightly down by 0.5% compared to the previous year. Despite this slight decrease, the total comprehensive income for the year saw a substantial increase of 30.9%, amounting to 40,966 million yen.

Dividend Announcement

For the fiscal year ended March 2024, Kanematsu KK has declared an increase in its year-end dividend to 45.00 yen per share, up from 37.50 yen per share in the previous year, reflecting a commitment to returning value to shareholders. The forecast for the next fiscal year suggests a further increase to 50.00 yen per share at year-end.

Future Earnings Outlook

Looking ahead to the fiscal year ending March 2025, Kanematsu KK projects a revenue of 1,100,000 million yen, which would represent an 11.6% increase from the fiscal year 2024. However, the operating profit is expected to slightly decrease by 3.1%, totaling 42,500 million yen.

Equity and Asset Growth

As of March 31, 2024, Kanematsu KK's total assets increased to 725,347 million yen from 677,588 million yen in the previous year. Equity attributable to owners of the parent also rose significantly, reaching 176,000 million yen, up from 143,423 million yen, reflecting stronger financial health and stability.