Green Earth Institute Reports Second Quarter Revenue, Adjusts Forecast

TOKYO, May 15 (Pulse News Wire) – Green Earth Institute CO.,LTD. (9212.T) reported revenue of ¥240 million for the quarter ending March 2026, up slightly from ¥240 million in the same period last year.

Operating expenses increased by ¥52 million compared to the previous fiscal year's interim period. Despite higher costs, the company managed to maintain its operating profit margin within expectations. In the financial highlights, the company noted a rise in fixed assets due to advancements in projects such as the NEDO Bio Manufacturing Revolution Promotion Project. However, this was offset by a decrease in liquid assets primarily attributed to cash and deposits used for national strategy initiatives.

Looking ahead, Green Earth Institute revised its forecasts for the fiscal year ending September 2026. The adjusted outlook includes projected sales of ¥1 billion and an expected lower net profit of ¥324.0 million for the full year. The company emphasized focusing on conservative yet realistic planning to ensure reliable revenue generation through ongoing government-funded projects and private contracts. The firm continues to advance its bio-based chemical production technology, aiming to achieve sustainable growth while addressing global challenges related to energy security and environmental sustainability.