Revised forecast
Fiscal year ending August 2026 · Second quarter (interim period)Previous forecast published 15 October 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
In the non-FIT solar power plant development business, the delivery of approximately 400 power plants was pushed back to the third quarter or later, resulting in revenue falling short of forecast. In addition, logistics costs for securing and delivering materials for projects scheduled for completion rose ahead of schedule. Together with the delayed revenue recognition, this resulted in operating profit falling approximately ¥540 million short of forecast. As more than 400 completed projects are in inventory, the Company determined that the shortfall against plan could be made up through deliveries in the second half, and left the full-year forecast unchanged.
| Item | Details |
|---|---|
| Net Sales | 16,050 million yen → 15,180 million yen（-5.4%） |
| Operating profit | 1,843 million yen → 1,301 million yen（-29.4%） |
| Ordinary income | 943 million yen → 563 million yen（-40.3%） |
| Profit attributable to owners of the parent | 583 million yen → 357 million yen（-38.8%） |
| Net income per share | 14.70 yen and sen → 9.02 yen and sen |
| Fiscal Period Covered | Fiscal year ending August 2026 |
| Period Covered | Second quarter (interim period) |
| Publication date of previous forecast | 15 October 2025 |
| Previous-period results | Revenue: ¥14,868 million; operating profit: ¥1,438 million; ordinary profit: ¥1,112 million; interim net profit attributable to owners of the parent: ¥546 million; interim net profit per share: ¥13.78 |
| Reason for the revision | In the non-FIT solar power plant development business, the delivery of approximately 400 power plants was pushed back to the third quarter or later, resulting in revenue falling short of forecast. In addition, logistics costs for securing and delivering materials for projects scheduled for completion rose ahead of schedule. Together with the delayed revenue recognition, this resulted in operating profit falling approximately ¥540 million short of forecast. As more than 400 completed projects are in inventory, the Company determined that the shortfall against plan could be made up through deliveries in the second half, and left the full-year forecast unchanged. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In the non-FIT solar power plant development business, the delivery of approximately 400 power plants, primarily those involving electricity supply from April 2026, was pushed back to the third quarter or later, resulting in revenue falling short of forecast. In addition, logistics costs for securing and delivering materials for projects scheduled for completion, which will increase from the third quarter onward, rose ahead of schedule. Together with the delayed revenue recognition, this resulted in operating profit falling approximately ¥540 million short of forecast. As more than 400 completed projects are in inventory, the Company determined that the shortfall against plan could be made up through deliveries in the second half, and left the full-year forecast unchanged.