Japan Communications announced consolidated ordinary profit of ¥230 million for the April-June quarter (1Q). Revenue increased, but the operating profit margin declined, resulting in a roughly 24.9% year-on-year decrease in ordinary profit.
Japan Communications released its consolidated results for the first quarter of the fiscal year ending March 2027 (April-June) after the market close on 6 August. Ordinary profit fell 24.9% year on year to ¥230 million, while revenue increased from the same period a year earlier.
Revenue for the April-June quarter, representing the most recent 3 months, was ¥2,080 million, operating profit was ¥236 million, ordinary profit was ¥254 million, and net income was ¥186 million. Adjusted EPS was ¥1.1. Revenue increased year on year, while ordinary profit declined.
The operating profit margin on sales fell from 11.8% in the same period a year earlier to 8.4%. This suggests that the decline in margins may continue in the performance trend for the current fiscal year.
The forecast for the current fiscal year calls for first-half revenue of ¥5,632 million, ordinary profit of ¥577 million, net income of ¥444 million, and adjusted EPS of ¥2.7. The company cites the announcement date and other information regarding its full-year forecast and future performance trends, but no specific future figures are provided here.