KTK Corporation (TSE: 3035), a Nagoya-listed group that supplies office consumables — led by its own remanufactured ("reuse") toner cartridges — and IT solutions to Japanese businesses, reported results for the first nine months (August 21, 2025–May 20, 2026) of its fiscal year ending August 2026. Under Japanese GAAP, consolidated revenue rose 7.3% to ¥15.11 billion, operating profit climbed 29.5% to ¥419 million, ordinary profit rose 24.9% to ¥488 million and net profit attributable to owners jumped 36.1% to ¥361 million. EPS was ¥66.12, up from ¥48.72 a year earlier.
Supply business anchors growth
The Supply business — the group's core operation — grew revenue 5.4% to ¥11.50 billion and segment profit 16.2% to ¥727 million. Although printing-related demand is shrinking structurally as offices digitize, corporate cost-consciousness and environmental awareness kept demand for reused products firm, and KTK's integrated manufacturing-to-sales model and quality control helped it win share amid consolidation in the reuse-toner market.
IT solutions accelerates
The IT Solutions business grew revenue 13.7% to ¥3.61 billion and segment profit 14.8% to ¥132 million, as cross-selling and up-selling of PCs, security devices and related services stayed strong. Both segments delivered higher sales and profit year on year.
Balance sheet and dividend
Total assets rose to ¥10.95 billion and net assets to ¥4.88 billion, for an equity ratio of 44.5%. KTK raised its FY8/2026 annual dividend to ¥20.00 per share (¥10 interim plus ¥10 year-end), up from ¥17.00. Under its "Growth Plan 2027" medium-term plan, the group positions Supply as its base business and IT Solutions as its growth engine.
Outlook
For the full year to August 2026, KTK guides revenue of ¥19.70 billion (+4.1%), operating profit of ¥500 million (+17.2%), ordinary profit of ¥600 million (+16.4%) and net profit of ¥420 million (+26.4%), for EPS of ¥76.80. The nine-month result puts the group ahead of that pace.
| Metric | 9M FY8/26 | 9M FY8/25 | YoY |
|---|---|---|---|
| Revenue (¥m) | 15,111 | 14,087 | +7.3% |
| Operating profit (¥m) | 419 | 323 | +29.5% |
| Ordinary profit (¥m) | 488 | 390 | +24.9% |
| Net profit attrib. (¥m) | 361 | 265 | +36.1% |
| EPS (¥) | 66.12 | 48.72 | +35.7% |
| Equity ratio | 44.5% | 48.0% | −3.5pp |
| FY8/26 OP guidance (¥m) | 500 | 427 | +17.2% |
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