Nagoya Electric Works Co., Ltd.
Notice of Revision to Earnings Forecast for the Second Quarter of the Fiscal Year Ending March 2027
Revised the earnings forecast for the second quarter (interim) of the fiscal year ending March 2027. Net sales were revised down from the previous forecast of 5,200 million yen to 4,750 million yen; operating and ordinary losses are expected to narrow. The consolidated full-year earnings forecast remains unchanged. The impact is due to delays in progress on a large project.
Key Figures
- Net Sales: 4,750 million yen (revised from previous forecast of 5,200 million yen)
- Operating Income: -460 million yen (revised from previous forecast of -780 million yen)
- Ordinary Income: -430 million yen (revised from previous forecast of -750 million yen)
AI要約
Overview of Forecast Revision
Due to delays in progress on a large project, net sales are expected to fall short of the previous forecast. However, because the timing of cost incurrence is pushed back as a result of the project delays, the operating loss, ordinary loss and interim net loss attributable to owners of the parent are expected to narrow from the previous forecast. The consolidated full-year earnings forecast remains unchanged.
Outlook and Points to Note
The company expects to recover progress on the large project going forward, and costs are also expected to be incurred, so additional revisions may occur depending on developments. The company will promptly disclose any new events that arise.
Nagoya Electric Works Co., Ltd.
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