Frontier Management announced in its earnings report that it had revised its forecast for current-year ordinary income downward to a loss. Although it maintained a return to profitability in the third quarter, its full-year outlook deteriorated substantially.
Frontier Management announced its results on 12 November. Consolidated ordinary income for the cumulative third quarter of the fiscal year ending December 2026 (January–September) was a ¥20 million profit, improving from a ¥380 million loss in the same period of the previous fiscal year.
The full-year outlook, however, was revised downward from the previous forecast of a ¥430 million profit to a ¥420 million loss. The second half (July–December) was also revised from an expected ¥434 million profit to a ¥416 million loss, indicating an expected return to a loss.
For the latest three-month period, ordinary income for the July–September quarter was a ¥24 million profit, and the operating income margin on sales improved from negative 2.3% in the same period of the previous fiscal year to 2.3%.