Hitachi Zosen stock gains 0.43 percent as Q1 revenue beats forecast

Hitachi Zosen stock (ISIN JP3789000001) stood at JPY 1,181 on the Tokyo Stock Exchange on September 24, 2026, up JPY 5 or 0.43 percent from the previous close. The company, now named Kanadevia Corporation, reported first-quarter revenue of JPY 141.75 billion against a JPY 136.7 billion forecast, giving investors a concrete operating comparison.

Q1 revenue beats forecast

According to Investing.com, Kanadevia reported the JPY 141.75 billion revenue figure for the quarter ended June 30, 2026, compared with a JPY 136.7 billion forecast. The difference was JPY 5.05 billion, or 3.7 percent above the estimate.

JapanNichelens reported that first-quarter sales rose 13 percent year over year to JPY 141.7 billion, while operating loss improved to JPY 2.4 billion. The company kept its full-year sales forecast at JPY 640.0 billion and its operating-profit forecast at JPY 25.5 billion.

Stock remains below yearly high

The September 24 quote places the stock 22.0 percent below its 52-week high of JPY 1,515 and above the 52-week low of JPY 909. Market capitalization stood at JPY 198.68 billion on the same date, while trading volume reached 807,400 shares.

The price comparison matters because the latest quarter combines revenue above forecast with an operating loss. For investors, the key issue is whether higher sales can translate into operating profit as the fiscal year progresses.

Kanadevia carries the new name

The issuer changed its name from Hitachi Zosen Corporation to Kanadevia Corporation in October 2024, according to Investing.com. Its business includes waste-to-energy plants, water infrastructure, industrial equipment and decarbonization projects. The investor-relations page identifies the June 30, 2026 quarter as the latest published interim report, dated August 6, 2026, according to Kanadevia Corporation.

Tokyo quote gains 0.43 percent

Hitachi Zosen stock stood at JPY 1,181 on the Tokyo Stock Exchange on September 24, 2026. The daily gain was 0.43 percent, while the 52-week range extended from JPY 909 to JPY 1,515.

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