TOKYO, May 14 (Pulse News Wire) – JTEC Corporation (2479.T) adjusted its fiscal year 2026 forecast due to delays in revenue recovery from temporary project losses. Despite initial cautious adjustments, the company saw a slight uptick in sales, leading to higher-than-expected operating profit, ordinary profit, and net income attributable to parent shareholders.
For the fiscal year ending March 31, 2026, the company's revised earnings compared to previous forecasts showed: - Sales: ¥3.300 billion (up ¥58 million) - Operating Profit: ¥180 million (up ¥55 million) - Ordinary Profit: ¥158 million (up ¥52 million) - Net Income Attributable to Parent Shareholders: ¥95 million (up ¥52 million) This improvement was driven by a late-stage recovery trend in sales, which positively impacted profitability across all segments. In comparison to the prior fiscal year ended March 31, 2025, individual performance metrics showed: - Sales: ¥2.481 billion (up ¥19 million) - Operating Profit: ¥220 million (down ¥52 million) - Ordinary Profit: ¥220 million (down ¥76 million) - Net Income Attributable to Parent Shareholders: ¥155 million (down ¥52 million) The decline in profits was attributed to increased competition for technical talent and temporary setbacks in the outsourcing division.
Additionally, costs associated with transitioning from the Growth Market to the Standard Market listing on the Tokyo Stock Exchange contributed to reduced profitability. --- JTEC Corporation’s management expects continued growth despite these challenges, citing improved sales trends and ongoing cost management efforts.
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