PROGRESS TECHNOLOGIES GROUP,Inc. [339A.T]
TOKYO, Apr 14 (Pulse News Wire) – Progress Technologies (339A.T) reported robust revenue growth of 590 million yen for the fiscal year ended February 2026 compared to the previous year. Operating profit reached 1,614 million yen, marking a 42 million yen increase from the prior year despite rising costs.
The company attributed its strong performance to increased sales of solutions and digital twin services, which now account for 59.7% of total revenue, up from 55.8%. Gross margin remained stable at 45.8%, while operating margin improved slightly to 24.9%.
For the next fiscal year ending February 2027, Progress Technologies forecasts continued growth, targeting a 6% rise in revenues and a 36% increase in adjusted operating income. The company plans to invest heavily in talent acquisition, system upgrades, and expanding its footprint to support long-term growth.
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