Source disclosure: February 16, 2026
GRID Inc. [5582.T]
TOKYO, Feb 16 (Pulse News Wire) – GRID Inc. (5582.T) reported a significant increase in revenue for its fiscal year 2026 second quarter, driven by major projects in power and railway sectors.
Revenue reached ¥1.315 billion, marking a 40% growth compared to the same period last year. Operating profit surged to ¥278 million due to robust sales and cost management improvements, despite increased personnel expenses and office relocation fees. The company's performance was bolstered by ongoing large-scale projects such as power supply plans and priority electricity distribution instructions. Manufacturing and transportation segments saw a reduction in revenue due to completed ship deployment system implementations, while urban and traffic areas experienced growth from railway dispatch and maintenance project advancements.
Energy management also showed progress with five applications for power grid connection support. Looking ahead, GRID expects continued strong performance through the end of the fiscal year. Key projects in power, manufacturing, and urban transport are forecasted to align with budget projections, with energy storage development cases anticipated to boost revenues in the fourth quarter. Hiring activities remain steady, aiming to reach an estimated 138 employees by year-end, maintaining projected staffing costs and rental expenses.
In addition, GRID launched enhancements to its ReNom Railway solution, automating data preparation processes and integrating advanced forecasting features to optimize rail transportation planning comprehensively.
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