KameiKAMEI CORPORATION8037東証プライム卸売業FY ending Mar 2026, consolidated, J-GAAP

Kamei FY ending Mar 2026 results

About 48% of Kamei's sales come from Energy, with Overseas and trade and Automotive making up much of the rest.

Out of every ¥100 of sales, about ¥3 is left as operating profit.

Revenue changed +1.5% from the prior year, operating profit +6.7%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +1.5% · profit +6.7%, calculated from disclosed figures.

Operating leverage: 4.36× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+1.5%¥574.3B → ¥583.1B
Gross profit
+7.4%¥93B → ¥99.9B
Operating income
+6.7%¥15.9B → ¥17B
Net income attributable to owners
+11.3%¥10.7B → ¥11.9B
Operating cash flow
-22.6%¥38.4B → ¥29.7B
Free cash flow
-31.9%¥25.9B → ¥17.6B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥583.1B, up +1.5% from ¥574.3B.
  • Profits grew faster than sales: gross profit rose +7.4%, operating income reached ¥17B (+6.7%) and net income ¥11.9B (+11.3%).
  • Cash generation weakened, with operating cash flow down to ¥29.7B (-22.6%) and free cash flow down to ¥17.6B (-31.9%).

What drove the change

  • In Energy, sales fell but operating income rose, helped by winning new industrial fuel and LP gas customers and selling more low-carbon products
  • Automotive sold more domestic cars as demand recovered from the prior year's drop caused by a manufacturer's certification scandal
  • Food sold more rice and other farm products on higher demand and passed rising purchase costs on to customers
  • Operating cash flow fell mainly because collections of receivables freed up less cash than in the prior year

Things to watch

  • The company is concerned about a long-term decline in demand for petroleum products, its core business
  • Deregulation of electricity and city gas retail and new entrants from renewable energy are intensifying competition for customers
  • In the overseas business, delays in passing on higher costs from US tariffs reduced operating income

Annual securities report (113th term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual securities report (113th term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Kamei sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥83
SG&A
¥14
Operating profit
¥3
Net profit kept
¥2

Annual margin trends

Gross margin17.1%
FY ending Mar 2021: 17.4%17.4%FY ending Mar 2022: 15.3%15.3%FY ending Mar 2023: 15.3%15.3%FY ending Mar 2024: 15.4%15.4%FY ending Mar 2025: 16.2%16.2%FY ending Mar 2026: 17.1%17.1%FY21FY22FY23FY24FY25FY26
Operating margin2.9%
FY ending Mar 2021: 2.8%2.8%FY ending Mar 2022: 2.6%2.6%FY ending Mar 2023: 2.8%2.8%FY ending Mar 2024: 2.7%2.7%FY ending Mar 2025: 2.8%2.8%FY ending Mar 2026: 2.9%2.9%FY21FY22FY23FY24FY25FY26
Net margin2.0%
FY ending Mar 2021: 1.9%1.9%FY ending Mar 2022: 1.8%1.8%FY ending Mar 2023: 1.6%1.6%FY ending Mar 2024: 1.8%1.8%FY ending Mar 2025: 1.9%1.9%FY ending Mar 2026: 2.0%2.0%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第113期(2025/04/01-2026/03/31)

    ID S100YKU02026-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第112期(2024/04/01-2025/03/31)

    ID S100W79K2025-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第111期(2023/04/01-2024/03/31)

    ID S100TXZ82024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第110期(2022/04/01-2023/03/31)

    ID S100RAS82023-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第109期(令和3年4月1日-令和4年3月31日)

    ID S100OMHH2022-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第108期(令和2年4月1日-令和3年3月31日)

    ID S100LVSR2021-06-30Open

Extracted from XBRL: 53 / Derived from other figures: 1

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