Nagoya Electric Works Co., Ltd.
Nagoya Electric Works Co., Ltd. Interim Financial Summary for the Second Quarter (Japanese GAAP) (Consolidated)
For the interim period of the fiscal year ending March 2027, net sales were 4,752 million yen, down 15.4% year-over-year. Operating loss was 468 million yen, ordinary loss was 433 million yen, and net loss attributable to owners of parent was 325 million yen. Order backlog was 18,113 million yen. Full-year outlook is unchanged: net sales 16,000 million yen, operating income 66 million yen, ordinary income 71 million yen, net income 56 million yen.
Key Figures
- Net Sales: 4,752 million yen (Year-over-Year -15.4%)
- Operating Loss: -468 million yen (Operating profit of 1 million yen in the same period last year)
- Net Loss Attributable to Owners of Parent: -325 million yen (Profit of 2,210 million yen in the same period last year)
AI要約
Performance Overview
In the second quarter of the fiscal year ending March 2027, Nagoya Electric Works Co., Ltd. recorded a decline in net sales year-over-year and shifted to operating, ordinary and net losses. While the order backlog remained at a certain level of 18,113 million yen, total assets decreased and the equity ratio improved. Year-end dividends are as stated, and the full-year forecast remains unchanged.
Outlook and Key Impacts
Public investment in social infrastructure, mainly government demand, remains firm, but a decrease in order intake is affecting performance. The company will continue to strengthen its environmental-related businesses, expand sales of new systems, and pursue new businesses and markets. There is no revision to the full-year earnings forecast. From a financial perspective, the equity ratio has improved, but attention should be paid to the risk of continued losses.
Nagoya Electric Works Co., Ltd.
Company overview · Stock price · Financial data · All IR
