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Money Talk

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Kantsu Swings to Profit as Revenue Climbs

Kantsu Co. Ltd. reported a net profit of 16 million yen for the first quarter ended May 31, marking a significant turnaround from the 11 million yen loss recorded during the same period last year. The logistics firm’s latest financial statement underscores a sharp recovery driven by rising revenue streams.

Kantsu Swings to Profit as Revenue Climbs

Revenue for the quarter surged to 5.29 billion yen, up from 4.08 billion yen a year earlier. This expansion in top-line growth fueled an operating profit of 78 million yen, contrasting with the 33 million yen loss reported in the prior year. Pretax profit followed a similar trajectory, reaching 76 million yen compared to the 44 million yen loss seen in the same quarter of 2025.

Earnings per share rose to 1.68 yen, while diluted earnings stood at 1.65 yen. These figures, prepared under Japanese accounting standards, reflect the company's improved operational efficiency as it pivots away from the previous year's deficit.

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