パワーファス cuts its full-year net income forecast, turning it into a loss

日本パワーファスニング announced its earnings after the market close on 13 November. Consolidated net income for the nine months through the third quarter (January–September) of the fiscal year ending December 2026 was a loss of ¥24 million. As the company also reported a loss in the same period of the previous year, the loss narrowed. At the same time, the company revised its full-year plan down, withdrawing its previous profit forecast and now projecting a loss of ¥15 million, resulting in a loss outlook.

Based on the plan for the second half after the downward revision announced by the company, consolidated net income for July–December was also reduced from the previous forecast of a ¥84 million profit to a ¥1 million loss. The company reported a ¥53 million profit in the same period of the previous year. Third-quarter results were a ¥10 million loss, and the operating margin on sales deteriorated from 1.6% in the same period of the previous year to 0.4%.

For the most recent three-month period, consolidated net income for July–September was a ¥10 million loss, compared with a profit in the same period of the previous year. By reporting period, sales for 24.01-09 were ¥3,651 million, net income was ¥441 million, and adjusted EPS was ¥27.8. Following the latest revision to the second-half forecast, sales for 26.07-12 are expected to be revised to ¥2,462 million and net income to -¥1 million, representing a significant downward revision.

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