TOKYO, May 18 (Pulse News Wire) – GMB Corporation (7214.T) revised its fiscal year 2026 consolidated earnings forecast, noting differences between previously announced estimates and actual results released today. For the fiscal year ending March 31, 2026, the company reported a revenue of ¥105.3 billion, operating profit of ¥3.320 billion, ordinary profit of ¥2.948 billion, and net income attributable to parent shareholders of ¥--¥1.035 billion.
These figures contrast with earlier projections of ¥105.5 billion in revenue, ¥2.950 billion in operating profit, ¥1.750 billion in ordinary profit, and ¥450 million in net income. The revision was primarily driven by reduced pension expenses stemming from actuarial calculations at a subsidiary in South Korea, contributing to higher-than-expected operating profits.
Additionally, foreign exchange gains from asset-liability revaluation boosted extraordinary income, leading to improved overall profitability. However, special losses totaling ¥1.943 billion from impairment charges on fixed assets at subsidiaries resulted in lower-than-projected net income.
In summary, while operational performance exceeded expectations, unforeseen costs impacted final earnings negatively.
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