日本国土開発 reported consolidated ordinary profit of ¥1.95 billion for the first quarter (June-August), down 0.9% year on year. Revenue was ¥32,056 million and operating profit was ¥1,942 million.
日本国土開発 released its earnings summary, announcing that ordinary profit for the first quarter (June-August) of the fiscal year ending May 2027 fell 0.9% year on year to ¥1.95 billion. The full-year plan is ¥5.7 billion, and progress for the current fiscal year stood at 34.3%, below the two-year average of 72.2%.
The main first-quarter indicators were revenue of ¥32,056 million, operating profit of ¥1,942 million, ordinary profit of ¥1,954 million and net income of ¥1,587 million. Compared with the same period a year earlier, these figures changed by -7.1%, -0.3%, -0.9% and +21.9%, respectively.
For the latest three months, the operating profit margin improved from 5.6% in the same period a year earlier to 6.1%, but overall progress remained below plan, highlighting the delay against the initial forecast.
For the current fiscal year, the company expected first-half revenue of ¥68,323 million, operating profit of ¥3,385 million, ordinary profit of ¥3,396 million and net income of ¥2,508 million, among other figures. Adjusted earnings per share was projected at ¥31.5.