Wakita & Co., Ltd.

Wakita & Co., Ltd. operates in construction equipment, trading, and real estate in Japan. It rents a wide range of equipment, including generators, welders, compressors, vehicles, road compaction machines, concrete equipment, earthmoving and heavy machinery, foundation construction equipment, submersible pumps, and water treatment equipment. The company also sells and rents used construction, material handling, transportation, and agricultural machines, as well as nursing care products, outdoor toilet units, and surveying equipment. In addition, it is involved in video and audio equipment sales, rental office buildings and apartments, hotel management, condominium sales, cargo handling equipment trade, and crane lifting services. Incorporated in 1949, it is headquartered in Osaka, Japan.

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Wakita reports 10% rise in Q1 ordinary profit to 1.8 billion yen

Wakita announced consolidated ordinary profit of 1.8 billion yen for the first quarter of the fiscal year ending February 2027, up 10.2% from the same period a year earlier. This represents a progress rate of 30.3% against the full-year forecast of 5.95 billion yen, roughly in line with the five-year average of 27.3%. The operating profit margin on sales was largely flat, edging up to 7.4% from 7.1% a year ago.

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