Source disclosure: February 02, 2026
ASTMAX Co., Ltd. [7162.T]
TOKYO — ASTMAX Co., Ltd. (7162), an exchange-listed company on the Tokyo Stock Exchange, reported its third quarter earnings for the fiscal year ending March 2026 on February 2, 2026. The company's consolidated operating results for the period from April 1, 2025 to December 31, 2025 showed a decline in profitability compared to the same period last year.
According to the report, ASTMAX recorded consolidated revenues of ¥15.672 billion, representing a 4.1% increase over the previous fiscal year’s third quarter. However, the company experienced significant declines in both operating income and net income, reporting operating losses of ¥526 million and net losses of ¥512 million, respectively. This marked a stark contrast to the positive figures of ¥357 million and ¥349 million in operating and net income during the corresponding period in 2025. Additionally, the comprehensive income for the current quarter was reported as a loss of ¥516 million, compared to a gain of ¥354 million in the prior year.
Regarding the financial position, ASTMAX's 364 billion by the end of the third quarter, while equity decreased slightly to ¥5.466 billion, resulting in a capital adequacy ratio of 29.4%. These figures represent modest growth from the previous year-end levels but also indicate a slight erosion in shareholder equity and capital strength.
ASTMAX did not declare any dividends for the third quarter of the fiscal year 2026, maintaining the status quo established in the previous quarters. For the full fiscal year 2026, the dividend policy remains uncertain; however, the company has committed to maintaining a payout ratio of at least 30%, subject to adjustments based on hedging transactions' impact. Furthermore, under its "Mid-Term Vision 2028," ASTMAX aims to uphold a minimum per-share dividend of ¥7 through the end of the fiscal year 2028.
The company highlighted that due to complexities arising from electricity trading activities, particularly those involving derivatives used for hedging purposes, precise forecasting of future performance is challenging. As such, detailed explanations regarding these factors can be found in supplementary materials provided alongside quarterly reports. These documents align profit recognition timing across different periods to offer a clearer picture of operational outcomes. Additional information, including monthly updates on renewable energy generation facilities, is available on ASTMAX's official website.
In terms of regulatory filings, there were no significant changes in the scope of consolidation or unique accounting treatments applied specifically for interim financial statements. No revisions to accounting policies, estimates, or restatements were noted either. The number of outstanding shares remained stable at 13.1603 million, although the quantity of treasury stocks held by the company decreased significantly from 760,148 shares to only 14,329 shares.
For further analysis and details, investors should refer to the additional documentation provided by ASTMAX, which includes comprehensive financial statements and supplementary explanatory notes accessible via TDnet. The company advises caution when interpreting forward-looking statements and emphasizes the variability inherent in projected financial metrics based on prevailing market conditions and assumptions made by management.
Note: Financial figures from the earnings presentation have been removed pending correction. For accurate figures, refer to the company's earnings summary (kessan tanshin) filed separately on TDNet.
AI-translated content. 🟢 Confidence: High See terms • Original filing