Updated Mar 23, 2026 by Kanematsu Corporation
Kanematsu Corporation reported strong growth for the first half of the fiscal year ending March 2019, with revenue rising 6.6% to 357.5 billion yen and operating profit increasing 17.6% to 15.5 billion yen.
Profit attributable to owners of the parent grew by 18.5% to 8.1 billion yen, driven by robust performance across primary business segments.
Growth was primarily fueled by the Electronics & Devices segment, which saw solid demand in ICT solutions and mobile phone sales, alongside strong contributions from the Motor Vehicles & Aerospace and Foods & Grain segments.
The Steel, Materials & Plant segment achieved higher profitability despite a revenue decline, supported by the improved performance of the North American oilfield tubing business.
Financial stability improved as shareholders' equity rose to 122.7 billion yen, resulting in an equity ratio of 23.2% and a stable net debt-equity ratio of 0.5 times.
Operating cash flow reached 2.2 billion yen, while 1.4 billion yen was utilized for investing activities, primarily focused on the acquisition of property, plant, and equipment.
Kanematsu Corporation reported strong growth for the first half of the fiscal year ending March 2019, with revenue rising 6.6% to 357.5 billion yen and operating profit increasing 17.6% to 15.5 billion yen.
Profit attributable to owners of the parent grew by 18.5% to 8.1 billion yen, driven by robust performance across primary business segments.
Growth was primarily fueled by the Electronics & Devices segment, which saw solid demand in ICT solutions and mobile phone sales, alongside strong contributions from the Motor Vehicles & Aerospace and Foods & Grain segments.
The Steel, Materials & Plant segment achieved higher profitability despite a revenue decline, supported by the improved performance of the North American oilfield tubing business.
Financial stability improved as shareholders' equity rose to 122.7 billion yen, resulting in an equity ratio of 23.2% and a stable net debt-equity ratio of 0.5 times.
Operating cash flow reached 2.2 billion yen, while 1.4 billion yen was utilized for investing activities, primarily focused on the acquisition of property, plant, and equipment.