METAWATER reported ordinary profit of ¥436 million for the interim period of the fiscal year ending March 2027, significantly below the IFIS consensus of ¥680 million. Meanwhile, full-year ordinary profit was revised upward to ¥17,300 million.
According to the results announced by METAWATER for the interim period of the fiscal year ending March 2027, ordinary profit/loss was ¥436 million, falling short of a level approximately 34.7% above the IFIS consensus of ¥680 million.
In the full-year earnings forecast announced on the same day, ordinary profit/loss was projected at ¥17,300 million, an upward revision from the previous forecast of ¥14,500 million. It is expected to be approximately 13.6% above the IFIS consensus.
Market participants are focusing on the divergence between the upward revision to the profit outlook toward the fiscal year-end and the underlying strength reflected in the latest interim results.
Trends in other gas and energy sector stocks are also being monitored as related issues.