Interim report
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Name of Company : Kanadevia Corporation Report of Consolidated Financial Results - June 2026 Report of Consolidated Financial Results For the Three Months Ended June 30 , 2026 Kanadevia Corporation August 6 , 2026 Code Number : 7004 URL : https://www.kanadevia.com/ Stock Exchange Listing : Representative : Tokyo Michi Kuwahara , President & Group Chief Executive Officer Contact Person : Shunji Kimura , Executive Officer , General Manager of Accounting Department tel . + 81-6-6569-0022 This " Consolidated Financial Results " has been prepared in accordance with accounting principles generally accepted in Japan . ( Figures are rounded down to the nearest million yen . ) 1. Business results and financial position for the three months ended June 30 , 2026 ( April 1 - June 30 , 2026 ) ( 1 ) Results of operations ( Accumulated ) ( Percentages show rates of increase or decrease from the period a year earlier . ) Net sales ( million yen ) ( % ) Operating income ( million yen ) ( % ) Ordinary income ( million yen ) ( % ) Profit attributable to owners of Kanadevia ( million yen ) ( % ) 3 months ended June 30 , 2026 141,745 13.0 ( 2,407 ) ( 2,915 ) 94 3 months ended June 30 , 2025 125,441 3.2 ( 4,055 ) ( 4,731 ) ( 3,632 ) 3 months ended June 30 , 2026 3 months ended June 30 , 2025 ( 2 ) Financial position Net income per share Net income per share - diluted ( yen ) ( yen ) 0.56 ( 21.60 ) Total assets ( million yen ) Net assets ( million yen ) Shareholders ' equity to total assets ( % ) As of June 30 , 2026 676,393 202,206 29.0 As of March 31 , 2026 203,400 ( Note ) Shareholders ' equity : Yen 196,399 million ( June 30 , 2026 ) , Yen 196,812 million ( March 31 , 2026 ) 27.4 718,640 2. Dividends Record Date Interim Year ended March 31 , 2026 0.0 Dividends per share ( yen ) Year - end Annual 25.0 25.0 Year ending March 31 , 2027 0.0 Year ending March 31 , 2027 ( Forecast ) 38.0 38.0 ( Note ) Revisions to the dividends forecast most recently announced : None
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Kanadevia Corporation Report of Consolidated Financial Results - June 2026 3. Forecast of consolidated earnings for the fiscal year ending March 31, 2027 (April 1, 2026 - March 31, 2027) Net sales Operating income Ordinary income Profit attributable to shareholders of Kanadevia Net income per share – basic (yen) (million yen) (%) (million yen) (%) (million yen) (%) (million yen) (%) Year ending March 31, 2027 640,000 (0.8) 25,500 109.2 22,000 61.5 21,000 88.6 124.83 (Note) Revisions to the forecast of consolidated earnings most recently announced：No 4. Notes (1) Significant changes in the scope of consolidation during the period: Yes Exclude five companies from consolidated: V TEX Co., Ltd., V TEX Korea Co., Ltd., V TEX America Inc., V TEX Shanghai Co., Ltd., and V TEX (Suzhou) Vacuum Technology Co., Ltd. (2) Specific accounting policies applied in the quarterly consolidated financial statements: Yes (3) Changes in accounting policies, changes in accounting estimates and restatements (i) Changes in accounting policies as per the revision of accounting standards: None (ii) Changes in accounting policies other than (i) above: None (iii) Changes in accounting estimates: None (iv) Restatements: None (4) Number of shares issued and outstanding (common stock) (i) Number of shares issued and outstanding (including treasury stock) June 30, 2026 170,214,843 shares March 31, 2026 170,214,843 shares (ii) Number of shares held in treasury June 30, 2026 1,964,293 shares March 31, 2026 1,984,270 shares (iii) Average number of shares during the respective periods Three months ended June 30, 2026 168,235,330 shares Three months ended June 30, 2025 168,197,790 shares (Note) The number of treasury stock at end of period includes the Company’s shares held by the BIP (Board Incentive Plan) Trust established for the remuneration plan for the Company’s directors, etc. (246,223 shares as of June 30, 2026, 271,016 shares as of March 31, 2026). The Company’s shares held by the BIP Trust are included in the number of shares of treasury stock which are deducted from the number of shares when calculating the average number of shares outstanding during the period. (5) Review for attached consolidated quarterly financial statements by certified public accountants or an audit firm: None (6) Forward-looking statements are based on information currently available to Kanadevia Corporation. Therefore, those forward-looking statements include unknown risks and uncertainties. Accordingly, you should note that the actual results could differ materially from those forward-looking statements. Risks and uncertainties that could influence the ultimate outcome include, but are not limited, to the economic conditions surrounding Kanadevia Corporation. (Percentages show rates of increase or decrease from the period a year earlier.)
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Kanadevia Corporation Report of Consolidated Financial Results - June 2026 - 1 - 5. Consolidated Balance Sheets (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 78,010 77,647 Notes and accounts receivable - trade, and contract assets 261,165 212,902 Securities 1 1 Merchandise and finished goods 2,442 638 Work in process 7,935 7,605 Raw materials and supplies 12,240 11,116 Other 62,982 63,790 Allowance for doubtful accounts (1,623) (1,249) Total current assets 423,152 372,453 Non-current assets Property, plant and equipment Buildings and structures, net 29,912 29,008 Land 52,123 51,608 Other, net 61,607 63,819 Total property, plant and equipment 143,642 144,437 Intangible assets Goodwill 31,105 30,324 Other 31,834 32,022 Total intangible assets 62,940 62,346 Investments and other assets Other 89,589 97,904 Allowance for doubtful accounts (744) (752) Total investments and other assets 88,844 97,151 Total non-current assets 295,427 303,935 Deferred assets 59 4 Total assets 718,640 676,393
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Kanadevia Corporation Report of Consolidated Financial Results - June 2026 - 2 - (Millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities Current liabilities Notes and accounts payable - trade 60,721 46,313 Electronically recorded obligations - operating 6,414 5,837 Short-term borrowings 66,197 40,418 Current portion of bonds payable 10,000 10,000 Lease liabilities 1,901 2,175 Accrued expenses 99,162 84,272 Income taxes payable 3,750 2,979 Contract liabilities 54,853 80,033 Provision for share-based payments 27 80 Provision for expenses related to quality misconduct 1,355 1,355 Provision for construction warranties 19,733 21,105 Provision for loss on construction contracts 8,047 6,851 Provision for demolition and removal 159 159 Other 46,225 57,094 Total current liabilities 378,551 358,677 Non-current liabilities Long-term borrowings 96,461 75,104 Lease liabilities 9,496 9,857 Deferred tax liabilities 6,501 6,516 Retirement benefit liability 14,844 14,113 Provision for retirement benefits for directors (and other officers) 21 16 Provision for expenses related to quality misconduct 959 959 Provision for loss on litigation 584 － Provision for demolition and removal 505 505 Asset retirement obligations 1,628 1,639 Other 5,684 6,796 Total non-current liabilities 136,687 115,509 Total liabilities 515,239 474,187 Net assets Shareholders' equity Share capital 45,442 45,442 Capital surplus 7,802 7,802 Retained earnings 125,794 121,676 Treasury shares (1,298) (1,282) Total shareholders' equity 177,740 173,638 Accumulated other comprehensive income Valuation difference on available-for-sale securities 1,448 1,499 Deferred gains or losses on hedges 1,943 1,845 Revaluation reserve for land (20) (20) Foreign currency translation adjustment 5,598 5,782 Remeasurements of defined benefit plans 10,101 13,653 Total accumulated other comprehensive income 19,071 22,761 Non-controlling interests 6,588 5,806 Total net assets 203,400 202,206 Total liabilities and net assets 718,640 676,393
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Kanadevia Corporation Report of Consolidated Financial Results - June 2026 - 3 - 6. Profit and loss statements (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 125,441 141,745 Cost of sales 106,161 118,247 Gross profit 19,280 23,498 Selling, general and administrative expenses 23,335 25,906 Operating loss (4,055) (2,407) Non-operating income Interest income 136 201 Dividend income 23 253 Share of profit of entities accounted for using equity method 462 926 Other 1,209 581 Total non-operating income 1,831 1,962 Non-operating expenses Interest expenses 328 587 Foreign exchange losses 1,609 630 Other 569 1,252 Total non-operating expenses 2,507 2,470 Ordinary loss (4,731) (2,915) Extraordinary income Gain on sale of investment securities － 4,477 Total extraordinary income － 4,477 Profit (loss) before income taxes (4,731) 1,562 Income taxes (1,148) 1,305 Profit (loss) (3,582) 256 Profit attributable to non-controlling interests 49 161 Profit (loss) attributable to owners of parent (3,632) 94