TOKYO, Apr 06 (Pulse News Wire) – And ST HD CO.,LTD. (2685.T) reported a significant decline in its individual quarterly earnings compared to the previous fiscal year.
The company's 2026 February quarter (March 1, 2025 to February 28, 2026) saw a substantial difference in performance metrics due to organizational restructuring completed on September 1, 2025. On September 1, 2025, the company executed a spin-off (absorption split), transferring all operations except those related to group management and operation to its wholly-owned subsidiary, Adastria Corporation.
As a result, the current quarter’s revenue reflects only six months of the transferred business activities, leading to a notable decrease in earnings figures. Here are the key differences: | Metric | Previous Year (A) | Current Quarter (B) | Difference (B-A) | Variance (%) | |---------------|----------------------|--------------------|------------------|--------------| | Revenue | ¥231.0 billion | ¥124.7 billion | -¥106.2 billion | -46.0% | | Operating Profit | ¥13.45 billion | ¥7.612 billion | -¥5.837 billion | -43.4% | | Ordinary Profit | ¥14.89 billion | ¥9.818 billion | -¥5.069 billion | -34.1% | | Net Profit | ¥10.79 billion | ¥5.459 billion | -¥5.333 billion | -49.4% | Despite the significant drop in individual sector performance, the company emphasized that this restructuring was internal and did not negatively impact the consolidated results.
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