AGC cut its full-year net income forecast from its previous projection and significantly worsened its outlook for the second half. Net income for the cumulative nine-month period turned to a loss, and the full-year outlook was changed to a substantial decline in profit.
The results were reported under IFRS. Net income for the cumulative nine months of the fiscal year ending December 2026 fell to ¥33.4 billion. At the same time, the full-year outlook was sharply revised down from ¥77.0 billion to ¥40.0 billion, with a projected 42.2% decline from the same period of the previous year.
The second-half plan was also revised. Net income for the July-December period was cut sharply from ¥41.4 billion to ¥4.48 billion, implying a substantial decline from the previous fiscal year. Results for July-September turned to a loss of ¥2.08 billion, and the operating margin deteriorated.
For the cumulative nine-month period, revenue was ¥1,534,224 million, operating profit was ¥94,012 million, net income was -¥106,410 million, and adjusted earnings per share was -¥502.1.