JAPAN FOUNDATION ENGINEERING CO.,LTD. announced its results after the close on 13 November, reporting consolidated ordinary profit of ¥1.6 billion for the first half (April–September), up 52.1% year on year and above its previous forecast. The company also released its outlook for the second half and results for the latest 3-month period.
JAPAN FOUNDATION ENGINEERING CO.,LTD. announced its results after the close on 13 November. Consolidated ordinary profit for the cumulative second quarter (April–September) of the fiscal year ending March 2027 was ¥1.6 billion, up 52.1% year on year and above the previous forecast of ¥1.32 billion. Progress against the full-year plan reached 78.1%, also exceeding the five-year average of 47.1%.
Based on the first-half results announced by the company and its unchanged full-year plan, second-half consolidated ordinary profit is expected to fall sharply by 56.5% year on year to ¥450 million.
Consolidated ordinary profit for the latest 3-month period, July–September, increased 30.3% year on year to ¥820 million, while the operating profit margin on sales improved sharply to 12.0% from 6.4% in the same period of the previous year.