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Kanemi Profit More Than Doubles in First Quarter

Kanemi Co. Ltd. saw its net profit surge to 404 million yen for the first quarter ending May 31, a sharp increase from the 166 million yen recorded during the same period last year. The company’s latest financial disclosure reveals a robust start to the fiscal year, driven by steady revenue growth.

Kanemi Profit More Than Doubles in First Quarter

Revenue for the Japanese food manufacturer climbed to 22.01 billion yen, up from 21.21 billion yen a year earlier. Operating profit saw a significant gain, reaching 751 million yen compared to 302 million yen in the previous year, while pretax profit rose to 768 million yen from 316 million yen. These results, prepared under Japanese accounting standards, pushed earnings per share to 42.78 yen, significantly higher than the 17.23 yen reported in the first quarter of 2025. The company maintains its annual dividend forecast at 38 yen per share, consistent with the previous year's payout.

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