The Kodensha, Co., Ltd.

1948・Standard Market・Construction

Official website

The Kodensha, Co., Ltd.

1948・Standard Market・Construction

Official website

The Kodensha, Co., Ltd.1948

Reference Indicators

Market Cap

1,023¥100M

P/E (Forecast)

—

P/B

4.0x

Dividend Yield (Forecast)

0.88%

ROE

12.1%

EV/EBITDA

24.8x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	29,159	33,557	34,868	39,264	44,234
Cost of Sales	24,359	28,183	28,752	31,097	34,748
Gross Profit	4,799	5,374	6,115	8,166	9,485
SG&A Expenses	4,382	4,692	4,959	5,085	5,592
Operating Income	417	682	1,156	3,081	3,893
Non-operating Income	183	232	206	154	164
Non-operating Expenses	65	58	70	66	42
Ordinary Income	535	856	1,292	3,169	4,015
Extraordinary Income	—	—	36	610	33
Extraordinary Losses	—	—	11	—	—
Pre-tax Income	535	856	1,316	3,779	4,049
Income Taxes	218	286	412	1,037	1,154
Net Income	310	556	899	2,737	2,832
EBITDA	526	872	1,366	3,286	4,101
Gross Margin	16.5%	16.0%	17.5%	20.8%	21.4%
Operating Margin	1.4%	2.0%	3.3%	7.8%	8.8%
ROA	1.1%	1.8%	2.8%	8.2%	7.2%
ROE	1.7%	3.0%	4.6%	13.0%	12.1%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
電気設備工事	35,474	5,447	15.4%
商品販売	8,759	344	3.9%