AIDA Engineering has revised its ordinary profit forecast for the current fiscal year downward, reversing its previous outlook. Ordinary profit for the cumulative 2Q was ¥1.21 billion, down 61.5% year on year, and the full-year forecast was cut from the previous ¥6.0 billion to ¥4.4 billion, indicating a projected 23.3% decline in profit.
AIDA Engineering released its earnings after the market close on 13 November. Consolidated ordinary profit for the cumulative second quarter (April–September) of the fiscal year ending March 2027 was ¥1.21 billion, down 61.5% year on year.
At the same time, it revised its full-year ordinary profit forecast downward from the previous ¥6.0 billion to ¥4.4 billion, indicating a projected 23.3% decline in profit, a substantial shortfall from the previous fiscal year.
For the most recent 3-month period, July–September, consolidated ordinary profit was ¥410 million, down 76.4% year on year, while the operating margin on sales deteriorated from 9.0% to 2.5%.
Based on calculations using the company’s first-half results and second-half plan, consolidated ordinary profit for the October–March second half is expected to rise 23.6% year on year to ¥3.18 billion.
AIDA Engineering is sometimes compared with Komatsu and Amada as related stocks.