Communications profit up 41.6%; lighting control still investing
Kanda Tsushinki Co., Ltd. (TSE: 1992) reported consolidated results under Japanese GAAP for the first half of FY3/2027, April 1 to September 30, 2026, on November 9, 2026. Information & Communications sales rose 3.1% to ¥2,848 million and segment profit 41.6% to ¥234 million, helped by steady demand for on-premises PBX systems, solutions against customer harassment, growing usage fees from its Kanda Hikari fibre service, and some restructuring investment coming in later than planned. Lighting Control sales jumped 35.2% to ¥323 million as large DALI-based projects progressed, but its loss widened to ¥67 million from ¥11 million as staff and development spending rose.
Ordinary profit rose 7.9% to ¥232 million. The half booked ¥78 million of demolition-related costs and a ¥5 million loss on the retirement of fixed assets, while the year-earlier period had included a ¥129 million gain on the sale of investment securities, so net profit attributable to owners fell to ¥80 million, or ¥35.31 per share. The equity ratio rose to 66.2% from 64.9%.
Forecast and ¥85 dividend kept
Kanda Tsushinki kept its FY3/2027 forecast of net sales of ¥7,100 million (+4.8%), operating profit of ¥400 million (-8.8%), ordinary profit of ¥450 million (-13.6%) and net profit attributable to owners of ¥300 million (-19.5%), the final year of its Change & Challenge 80th medium-term plan. It plans a single year-end dividend of ¥85, up from ¥82.
| Metric | H1 FY3/2027 | H1 FY3/2026 | Change |
|---|---|---|---|
| Revenue (¥ million) | 3,204 | 3,031 | +5.7% |
| Operating profit (¥ million) | 185 | 171 | +8.0% |
| Ordinary profit (¥ million) | 232 | 215 | +7.9% |
| Net profit attrib. to owners of parent (¥ million) | 80 | 227 | -64.4% |
| EPS (¥) | 35.31 | 99.66 | -64.6% |
| Information & Communications — revenue (¥ million) | 2,848 | 2,761 | +3.1% |
| Information & Communications — segment profit (¥ million) | 234 | 165 | +41.6% |
| Lighting Control — revenue (¥ million) | 323 | 239 | +35.2% |
| Lighting Control — segment profit (¥ million) | -67 | -11 | loss widened |
| Total assets (¥ million) | 9,768 | 9,792 | -0.2% |
| Net assets (¥ million) | 6,463 | 6,353 | +1.7% |
| Equity ratio | 66.2% | 64.9% | +1.3 pt |
| FY3/2027 guidance — revenue (¥ million) | 7,100 | — | +4.8% |
| FY3/2027 guidance — operating profit (¥ million) | 400 | — | -8.8% |
| FY3/2027 guidance — ordinary profit (¥ million) | 450 | — | -13.6% |
| FY3/2027 guidance — net profit (¥ million) | 300 | — | -19.5% |
| Annual dividend per share (¥) | 85.00 | 82.00 | +3.7% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.