Oriental Hakata Co., Ltd. Revises Earnings Forecast — Net Profit
Oriental Hakata Co., Ltd. (TSE:17860) has revised its full-year earnings forecast for the period ending March 31, 2026, with a decline in net profit.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 66.0bn | JPY 66.0bn | 0 |
| Operating Profit | JPY 4.9bn | JPY 4.9bn | 0 |
| Ordinary Income | JPY 4.9bn | JPY 4.9bn | 0 |
| Net Profit | JPY 3.25bn | JPY 2.70bn | -550M (-16.9%) |
| EPS | JPY 21.15 per share | JPY 20.87 per share | -0.28 (-1.3%) |
The company cited a quality non-conformance in a joint venture bridge construction project, requiring rework and reinstallation, leading to additional costs and a special loss. This resulted in a reduction in net profit attributable to the parent company.
The earnings revision reflects the impact of the special loss, which may also signal potential future costs. Investors should note the decline in net profit and EPS, with the revision indicating a downward adjustment to the company’s financial outlook.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.