Sanyo Homes Corporation [1420.NG]
TOKYO, Apr 14 (Pulse News Wire) – Sanyo Homes Corporation (1420.T) reported its fiscal year 2026 results, which showed significant improvements compared to previous forecasts. The company’s revenue surpassed initial expectations due to robust overseas orders.
Operating profit and ordinary profit also exceeded projections, driven by increased sales of high-value products. For the fiscal year ending February 28, 2026, the consolidated revenue was ¥20.46 billion, operating profit was ¥233 million, and ordinary profit reached ¥481 million. The net income attributable to parent shareholders stood at ¥692 million, marking a substantial increase from the previously forecasted figures.
The improved performance was further bolstered by additional gains from the sale of subsidiaries, which benefited from exchange rate movements more favorably than anticipated. This contributed to a notable rise in special profits, leading to a higher net income figure. In comparison, the prior fiscal year's corresponding figures were ¥19.65 billion in revenue, --¥368 million in operating profit, ¥108 million in ordinary profit, and --¥3.761 billion in net income attributable to parent shareholders.
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