Grems Reports FY26 Q3 Revenue Up 595 Million Yen, Net Profit Grows

TOKYO, May 15 (Pulse News Wire) – Grems,inc. (3150.T) reported fiscal year 2026 quarter three revenue of ¥33.94 billion, marking a ¥595 million increase compared to the same period last year.

Operating profit rose by ¥652 million to ¥12.2 million, while ordinary profit increased by ¥652 million to ¥12.2 million. Net profit grew by ¥337 million to ¥4.896 billion. In its energy solutions business, Grems saw significant growth driven by sales expansion of commercial solar power systems despite a decline in residential solar system sales due to reduced consumer sales.

In retail electricity operations, contract numbers expanded from 63,000 to 73,000, contributing to overall profitability improvements. For the fiscal year ending March 2027, Grems forecasts revenue of ¥33.94 billion, with operating profit expected to reach ¥7.152 billion. The company also plans to continue expanding its system storage battery business, aiming for steady revenue growth through six planned installations beginning in April.