Asagami released its earnings for April-September of the fiscal year ending March 2027, reporting revenue of ¥16.826 billion, up 3.2% year on year. Operating profit was ¥355 million, ordinary profit was ¥422 million, and the interim net loss attributable to owners of the parent was ¥37 million.
According to the earnings released by Asagami on 30 October for April-September of the fiscal year ending March 2027, revenue was ¥16.826 billion, up 3.2% year on year, operating profit was ¥355 million, down 28.3%, ordinary profit was ¥422 million, down 25.1%, and the interim net loss attributable to owners of the parent was ¥37 million, compared with interim net profit of ¥3 million in the same period of the previous year. In the logistics business, increased export volumes of air cargo and construction machinery, as well as increased volumes of steelmaking-related work, boosted revenue, while higher repair and personnel costs and the normalization of office costs following the end of the rent abatement period resulting from the head office relocation weighed on operating profit.
For the outlook, the company expects full-year revenue of ¥38.103 billion, operating profit of ¥2.029 billion, ordinary profit of ¥2.074 billion and net profit attributable to owners of the parent of ¥1.252 billion for the fiscal year ending March 2027. As orders at certain subsidiaries in the logistics business are concentrated in the third quarter, the full-year forecasts are expected to remain unchanged.
The article also cites increased export volumes and the normalization of office costs as factors behind the specific earnings figures.