Globeride announced its cumulative second-quarter results after the close of trading on 9 November. Consolidated ordinary profit was ¥4.33 billion, down 15.0% year on year, representing 67.7% progress against the full-year plan, while second-half ordinary profit is expected to decline to ¥2.06 billion.
Globeride announced consolidated ordinary profit of ¥4.33 billion for the cumulative second quarter of the fiscal year ending March 2027 (April-September), a 15.0% year-on-year decline. Although detailed figures for revenue and operating profit are discussed in the main article, the decline in ordinary profit is notable. Progress against the full-year plan was 67.7%, below the five-year average of 75.9%. The company also announced a second-half plan of ¥2.06 billion.
In the July-September quarter (2Q), consolidated ordinary profit increased 16.7% year on year to ¥3.08 billion, while the operating margin improved from 7.4% to 8.7%. Although margins improved in the short term, ordinary profit continued to decline for the first half as a whole.