コンセック revised its first-half net result downward from the previously projected profit to a loss in its consolidated results for the second quarter of the fiscal year ending March 2027. It left the previous full-year profit forecast unchanged.
コンセック announced an earnings revision after the market close on 11 November, revising its first-half consolidated net result downward from the previously projected profit of ¥60 million to a loss of ¥15 million. The previous corresponding period recorded a profit of ¥46 million.
For the current first half, the revised figures were revenue of ¥4,595 million, operating loss of ¥19 million, ordinary profit of ¥10 million, net loss of ¥15 million and revised earnings per share of -¥8.5.
The full-year net result forecast was left unchanged at the previously projected profit of ¥100 million. The company also stated that there was no revision to the full-year dividend forecast.
The reasons for the revision included sales falling below the initial forecast due to lower orders for cutting tools, diamond tools and other products, although the special construction business continued at a level above the previous fiscal year. Higher manufacturing and sales costs resulting from surging raw material prices also had an impact.