Kanamoto Co.,Ltd.
9678・Prime Market・Services
Construction-related
Kanamoto's core segment centered on construction machinery rental and sales
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (H1 FY2026 (ending March 2026)) | ¥97,308 million | ¥93,903 million (H1 FY2025 (ending March 2025)) | ↑ |
| Operating Income (H1 FY2026 (ending March 2026)) | ¥9,496 million | ¥7,814 million (H1 FY2025 (ending March 2025)) | ↑ |
| Net Sales (Current Consolidated Fiscal Year, Full Year) | ¥190,225 million | － | — |
| Operating Income (Current Consolidated Fiscal Year, Full Year) | ¥15,860 million | － | — |
| Rental Contract Revenue (H1 FY2026 (ending March 2026)) | ¥70,213 million | ¥67,292 million (H1 FY2025 (ending March 2025)) | ↑ |
| Revenue from Sales of Merchandise and Products (H1 FY2026 (ending March 2026)) | ¥20,202 million | ¥19,206 million (H1 FY2025 (ending March 2025)) | ↑ |
| Year-on-Year Net Sales Growth Rate (H1 FY2026 (ending March 2026)) | +3.6% | － | ↑ |
| Year-on-Year Operating Income Growth Rate (H1 FY2026 (ending March 2026)) | +21.5% | － | ↑ |
Business Details
The sole reportable segment, engaged in the rental and sale of construction machinery, temporary construction materials, and related equipment. Domestically, the company operates nationwide from Hokkaido to Kyushu and Okinawa, with major demand driven by large-scale projects such as public works, urban redevelopment, and logistics facilities. Overseas, the company has operations in Australia, China, Vietnam, Malaysia, Indonesia, Thailand, the Philippines, and other locations, with group companies collaborating to share rental assets across the business. This is the core business, accounting for approximately 90% of consolidated net sales.
Recent Overview
Both net sales and profit increased substantially, driven by solid demand from public and private investment
In the first half of FY2026 (ending March 2026) (November 2025 to April 2026), the Construction-related segment achieved net sales of ¥97,308 million (up 3.6% year on year) and operating income of ¥9,496 million (up 21.5% year on year). In addition to solid public investment underpinned by disaster prevention and mitigation and national resilience policies, private-sector investment related to energy and labor saving needs and logistics infrastructure development progressed, resulting in steady demand for construction machinery rental. Continued improvement in utilization rates and optimization of rental unit prices contributed to strengthened profitability. Sales of used construction machinery decreased 5.6% year on year, as the company extended the operating period of rental assets while carrying out sales in line with its plan set at the beginning of the fiscal year. Additionally, two Australian subsidiaries (PORTER UTILITIES HOLDINGS PTY LTD and PORTER UTILITIES PTY LTD) were excluded from the scope of consolidation due to the completion of liquidation.
Key Products
Growth Drivers
- Steady trend in public investment driven by disaster prevention and mitigation measures and responses to aging infrastructure
- Continued progress on large-scale private-sector projects such as urban redevelopment, data center development, and logistics facilities
- Growing demand for safety and efficiency-enhancing equipment amid labor shortages and rising productivity needs at construction sites
- Ongoing optimization of the revenue structure through rental unit price optimization and improved utilization rates
- Sales efficiency improvements through DX strategy (BI tools, web ordering, generative AI utilization) under the medium-term management plan "Progress 65"
Risks
- Risk of cost ratio deterioration due to persistently high construction material prices and rising energy costs
- Risk of construction progress delays and demand suppression due to prolonged shortages of skilled construction labor
- Impact on overseas business from US trade policy trends, foreign exchange fluctuations, and geopolitical risks
- Risk related to the balance of interest-bearing debt (long-term borrowings, installment obligations, etc.) associated with large-scale investment in rental assets
- Risk of intensifying competition and price competition amid an outlook of limited rapid expansion in construction investment
Last updated: January 21, 2026