ACSL achieved revenue of ¥1.6 billion in April-June 2026, up 68% year on year. Progress against the ¥4 billion full-year revenue forecast reached 41%, driven by growing sales to the North American defense market.
ACSL's cumulative revenue for the second quarter was ¥1.6 billion, up 68% year on year, while its gross profit margin improved substantially to 33.2% from 24% in the same period of the previous year. Operating loss excluding SBIR expenses narrowed to ¥150 million from a ¥510 million loss in the same period of the previous year.
The full-year revenue forecast was unchanged at ¥4 billion, while progress against the forecast reached 41%. Including the ¥1.31 billion order backlog, this rises to 74%. The contribution margin improved to 45%, a substantial improvement from 21% in the same period of the previous year.
As revisions to the full-year forecast, gross profit was revised upward from ¥850 million to ¥1.1 billion. Selling, general and administrative expenses were increased by ¥250 million, while the operating loss excluding SBIR expenses was maintained at ¥760 million. Ordinary profit was revised downward by ¥300 million, while net loss was revised upward by ¥100 million to a projected loss of ¥600 million, reflecting a ¥400 million gain on the sale of securities.
In the Q&A session, the impact of inclusion on China's export-control list was described as limited, and development of 2 next-generation aircraft is under way. In the North American market, the company considers communication stability and rapid customer support to be strengths relative to competitors, and anticipates demand for small aircraft and applications in disaster response.