CORREC Co., Ltd.
Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending February 2027 [Japanese GAAP] (Consolidated)
For the interim period of the fiscal year ending February 2027, consolidated net sales were 3,309.377 million yen, a 0.1% decrease year-over-year; EBITDA on a non-included operating profit basis was -150 million yen; and net loss attributable to owners of parent for the interim period was -130 million yen. No change to dividend forecast. The company operates three segments: Energy, Outsourcing and Media Platform; each segment shows mixed sales growth and rising costs. Financial position: total assets approximately 32,225.58 million yen, equity ratio 27.7%, cash approximately 1,687 million yen. An earnings briefing will be livestreamed.
Key Figures
- Net Sales: 3,309,377 thousand yen
- Interim Net Loss Attributable to Owners of Parent: -130,178 thousand yen
- Total Assets: 3,222,558 thousand yen
AI要約
Performance Overview
For the second quarter of the fiscal year ending February 2027, CORREC Co., Ltd. recorded net sales of approximately 3,309 million yen, a 0.1% decline year-over-year. Operating income and ordinary income turned to losses, and the interim net loss attributable to owners of parent amounted to approximately 130 million yen, a significant deterioration compared with the prior year. By segment, Outsourcing and Media Platform saw revenue increases, while the Energy segment experienced a contraction in solar-related sales. Cash and cash equivalents trended upward, but increases in interest-bearing debt are affecting the financial position.
Outlook and Capital Position
Although there is no change to the company’s forward-looking forecasts, the interim loss has been accompanied by cash flow improvements through financing activities, and the company has executed fund-raising. Cash and cash equivalents are approximately 1,687 million yen, and the equity ratio is 27.7%, which is relatively stable; however, continued losses and rising interest-bearing debt pose financial challenges. The earnings briefing will be livestreamed, and additional disclosure materials are expected to be provided.
CORREC Co., Ltd.
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