GRCS released its earnings results after the market close on 15 October. It revised its full-year forecast downward from a profit to a loss, and now expects a loss in the second half as well. Although the company posted a profit in the third quarter, it revised its overall plan to a loss.
Cumulative consolidated net loss for the third quarter of the fiscal year ending November 2026 was ¥55 million. The company also posted a loss in the same period of the previous year, but the loss narrowed.
At the same time, the company revised its full-year earnings forecast downward from the previous forecast of a ¥67 million profit to a ¥512 million loss. The company thereby changed its full-year plan to a loss.
The forecast for consolidated net income in the second half was also cut from the previous forecast of a ¥124 million profit to a ¥455 million loss, resulting in a loss plan exceeding the loss recorded in the same period of the previous year.
Consolidated net income for the most recent 3 months, June-August, was a ¥2 million profit, while the operating margin on sales improved from 1.0% in the same period of the previous year to 1.4%.