Source disclosure: February 18, 2026
Q-Cross E [231A.T]
TOKYO, Feb 18 (Pulse News Wire) – Q-Cross E (231A.T) reported slower-than-estimated revenue for its fiscal quarter ending September 2026 due to delayed new orders in industrial machinery installation work and a decline following the completion of large-scale projects in the previous quarter. Operating profit decreased as well, impacted by reduced margins from major projects and increased personnel costs from hiring 25 additional staff members.
In the first quarter, the company's revenue was ¥1.389 billion, down from ¥1.414 billion in the same period last year. Operating profit was ¥25.35 million compared to ¥86.25 million previously. Net profit attributable to parent company shareholders dropped to ¥30.61 million from ¥83.02 million in the corresponding quarter last year.
Regarding progress towards annual forecasts, Q-Cross E revised downward its cumulative forecast for the second quarter but maintained its overall outlook unchanged for now. The company plans to reassess its full-year performance and dividend expectations without making adjustments at this time. Any significant changes will be disclosed promptly.
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