TOKYO, May 14 (Pulse News Wire) – Cross-E Holdings Co., Ltd. (231A.T) reported today that its second quarter sales forecast for the fiscal year ending September 2026 fell short of expectations, while profit exceeded initial estimates.
For the six-month period ending March 31, 2026, the company's revenue was lower than previously projected at [NUM_5] million yen compared to [NUM_0] million yen. However, operating profit came in higher at [NUM_6] million yen versus [NUM_1] million yen. Similarly, ordinary profit reached [NUM_7] million yen, surpassing the earlier estimate of [NUM_2] million yen. Net income attributable to shareholders also outpaced forecasts, reaching [NUM_8] million yen against [NUM_3] million yen predicted.
The variance in earnings was attributed primarily to stringent cost management and efficient project scheduling in construction and machinery installation projects. As a result, the company’s interim net income per share improved to [NUM_9] yen, marking a significant increase from the previous projection of [NUM_4] yen. In comparison to the same period last year, the company saw improvements across key metrics, with operating profit up 27.7%, ordinary profit up 28.3%, and net income up 33.5%. Revenue growth stood at 3.4%.
This revised performance reflects Cross-E Holdings' ongoing efforts to optimize operations and enhance profitability despite challenges in meeting overall sales targets.
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