Results Snapshot
Figures in Million
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
72,049.00
72,918.00
80,192.00
87,771.00
85,703.00
67,520.00
71,302.00
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
72,049.00
72,918.00
80,192.00
87,771.00
85,703.00
67,520.00
71,302.00
Raw Material Cost
53,307.00
54,621.00
59,481.00
64,956.00
62,220.00
49,416.00
52,766.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
150.00
83.00
71.00
85.00
80.00
78.00
45.00
Selling and Distribution Expenses
18,132.00
17,518.00
17,076.00
17,315.00
16,293.00
14,128.00
14,936.00
Other Expenses
34.70
39.00
31.00
36.90
41.30
40.40
59.40
Total Expenditure (Excl Depreciation)
71,936.00
72,612.00
76,938.00
82,725.00
79,006.00
64,026.00
68,341.00
Operating Profit (PBDIT) excl Other Income
113
306
3254
5046
6697
3494
2961
Other Income
1,646.00
214.00
993.00
651.00
664.00
572.00
175.00
Operating Profit (PBDIT)
3,808.00
2,368.00
5,865.00
7,362.00
8,902.00
5,638.00
4,735.00
Interest
150.00
83.00
71.00
85.00
80.00
78.00
45.00
Exceptional Items
4.00
-86.00
45.00
0.00
32.00
-821.00
-113.00
Gross Profit (PBDT)
18,742.00
18,297.00
20,711.00
22,815.00
23,483.00
18,104.00
18,536.00
Depreciation
2,049.00
1,848.00
1,618.00
1,665.00
1,541.00
1,572.00
1,599.00
Profit Before Tax
1,614.00
349.00
4,221.00
5,612.00
7,314.00
3,166.00
2,976.00
Tax
472.00
-59.00
1,434.00
1,923.00
2,228.00
572.00
1,418.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
1,141.00
405.00
2,783.00
3,672.00
5,046.00
2,580.00
1,545.00
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
1,141.00
405.00
2,783.00
3,672.00
5,046.00
2,580.00
1,545.00
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
3.00
4.00
16.00
39.00
14.00
13.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
1,141.00
408.00
2,787.00
3,688.00
5,085.00
2,594.00
1,558.00
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
46,745.00
44,541.00
42,927.00
38,262.00
33,385.00
27,818.00
25,617.00
Earnings per share (EPS)
132.66
47.1
323.68
427.27
587.15
300.06
180.17
Diluted Earnings per share
132.66
47.1
323.68
427.27
587.15
300.06
180.17
Operating Profit Margin (Excl OI)
0.16%
0.42%
4.06%
5.75%
7.81%
5.17%
4.15%
Gross Profit Margin
5.08%
3.01%
7.28%
8.29%
10.33%
7.02%
6.42%
PAT Margin
1.58%
0.56%
3.47%
4.18%
5.89%
3.82%
2.17%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is -1.19% vs -9.07% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 179.66% vs -85.36% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 0.37% vs -55.79% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 80.72% vs 16.90% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Kawai Musical Instrument Manufacturing Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
72,049.00
23,542.00
48,507.00
206.04%
Other Operating Income
0.00
0.00
0.00
Total Operating income
72,049.00
23,542.00
48,507.00
206.04%
Raw Material Cost
53,307.00
11,469.00
41,838.00
364.79%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
150.00
10.00
140.00
1,400.00%
Selling and Distribution Expenses
18,132.00
6,747.00
11,385.00
168.74%
Other Expenses
34.70
921.90
-887.20
-96.24%
Total Expenditure (Excl Depreciation)
71,936.00
27,445.00
44,491.00
162.11%
Operating Profit (PBDIT) excl Other Income
113.00
-3,903.00
4,016.00
102.90%
Other Income
1,646.00
1,957.00
-311.00
-15.89%
Operating Profit (PBDIT)
3,808.00
1.00
3,807.00
380,700.00%
Interest
150.00
10.00
140.00
1,400.00%
Exceptional Items
4.00
0.00
4.00
Gross Profit (PBDT)
18,742.00
12,073.00
6,669.00
55.24%
Depreciation
2,049.00
1,947.00
102.00
5.24%
Profit Before Tax
1,614.00
-1,955.00
3,569.00
182.56%
Tax
472.00
128.00
344.00
268.75%
Provisions and contingencies
0
0
0.00
Profit After Tax
1,141.00
-2,083.00
3,224.00
154.78%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
1,141.00
-2,083.00
3,224.00
154.78%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
1,141.00
-2,083.00
3,224.00
154.78%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
46,745.00
42,935.00
3,810.00
8.87%
Earnings per share (EPS)
132.66
-99.57
232.23
233.23%
Diluted Earnings per share
132.66
-99.57
232.23
233.23%
Operating Profit Margin (Excl OI)
0.16%
-16.58%
0.00
16.74%
Gross Profit Margin
5.08%
-0.03%
0.00
5.11%
PAT Margin
1.58%
-8.85%
0.00
10.43%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 7,204.90 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is -1.19% vs -9.07% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 114.10 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 179.66% vs -85.36% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 216.20 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 0.37% vs -55.79% in Mar 2025
Annual - Interest
Interest 15.00 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 80.72% vs 16.90% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 0.16%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






