Abalance Corporation
Abalance Corporation 2025 June Interim Period First Quarter Financial Summary
For the first quarter of the 2025 June period, consolidated net sales were 19,994 million yen, operating income was 1,485 million yen, and net loss attributable to owners of the parent was △409 million yen. YoY figures show a substantial decline. Dividend forecast is undecided. The medium-term plan has been withdrawn. Capital investment plans, including the construction of a facility in Ethiopia, will continue.
Key Figures
- Net sales: 19,994百万円 (YoY △64.6%)
- Operating income: 1,485百万円 (YoY △69.4%)
- Net income attributable to owners of the parent: △409百万円 (YoY previous year was 1,952百万円 in net income)
- Equity ratio: 18.1%
- Ending number of issued shares: 17,930,693 shares
AI要約
Business performance overview
By segment, sales in the solar panel manufacturing business declined sharply, and the green energy business also showed decreases in both sales and profit versus the same quarter of the previous year. Due to the end of tariffs in the U.S. market and policy trends, sales of VSUN and Cell Company were weak. Foreign exchange losses and a special loss also impacted results. Overall, sales, operating income, ordinary income, and net income all deteriorated.
Business strategy and outlook
While monitoring trends and policies in the U.S. market, the company will push for diversification of sales channels in Europe and Asia. Construction of a new factory in Ethiopia is planned to begin production in March 2025, and establishment of domestic manufacturing bases in the U.S. is also under consideration. The medium-term management plan was withdrawn and a new plan will be disclosed as soon as reliable calculations become possible.
Abalance Corporation
Company overview · Stock price · Financial data · All IR