# Kinden vs Kandenko

> Unit: JPY millions (ratios in %)
> Periods: Kinden = FY ending Mar 2026, consolidated, J-GAAP / Kandenko = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T18:17:46.321Z

| Metric | Kinden | Kandenko |
| --- | ---: | ---: |
| Revenue | 750,742 | 742,022 |
| Operating income | 90,256 | 83,140 |
| Net income | 69,447 | 63,516 |
| COGS ratio | 76.4% | 83.7% |
| Operating margin | 12.0% | 11.2% |
| Net margin | 9.3% | 8.6% |
| FCF margin | 4.5% | 9.9% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YFY8 | S100YDOZ |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Kinden | Kandenko |
| --- | ---: | ---: |
| Revenue growth | 53.5 (72 peers) | 49.3 (72 peers) |
| Profitability | 77 (76 peers) | 67.8 (76 peers) |
| Cash conversion | 65.5 (74 peers) | 72.3 (74 peers) |
| Efficiency | 30.9 (76 peers) | 78.3 (76 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/kinden/md
- https://vizora.meequs.com/en/company/kandenko/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).