Due to steady progress in FPSO construction and strong operating performance, the consolidated earnings forecast for the fiscal year ending December 2026 has been revised upward. Revenue has been raised to 4,900,000 thousand USD, operating income to 520,000 thousand USD, net income attributable to owners of the parent to 410,000 thousand USD, and earnings per share to 6.00 USD. Compared with the previous forecast: revenue +6.5%, operating income +13.0%, net income +10.8%.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6269","jir_company_name":"MODEC, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/6269-20261110-03.pdf","jir_short_summary":"Due to steady progress in FPSO construction and strong operating performance, the consolidated earnings forecast for the fiscal year ending December 2026 has been revised upward. Revenue has been raised to 4,900,000 thousand USD, operating income to 520,000 thousand USD, net income attributable to owners of the parent to 410,000 thousand USD, and earnings per share to 6.00 USD. Compared with the previous forecast: revenue +6.5%, operating income +13.0%, net income +10.8%.","jir_summary":"### Overview of Forecast Revision\nMODEC, Inc. has revised upward its consolidated earnings forecast for the fiscal year ending December 2026, citing steady progress in the construction of floating production storage and offloading units (FPSOs), strong operational performance, and an expected increase in interest income. The new forecast is revenue of 4,900,000 thousand USD, operating income of 520,000 thousand USD, profit before tax of 560,000 thousand USD, net income attributable to owners of the parent of 410,000 thousand USD, and earnings per share of 6.00 USD. Changes versus the previous forecast are: revenue +6.5%, operating income +13.0%, profit before tax +12.0%, and net income +10.8%. These projections are based on information available as of the date of this announcement and actual results may differ depending on future economic conditions and market trends.\n\n### Outlook and Cautionary Notes\nFPSO utilization rates and the progress of current construction projects are expected to contribute to performance and are the primary drivers of this revision. Please note that the figures in this document are based on information available at the time of publication and actual performance may differ due to changes in economic and market conditions.","jir_financial_highlights":"Revenue: 4,900,000 thousand USD (vs. previous forecast +6.5%)\nOperating Income: 520,000 thousand USD (vs. previous forecast +13.0%)\nProfit Before Tax: 560,000 thousand USD (vs. previous forecast +12.0%)\nNet Income Attributable to Owners of Parent: 410,000 thousand USD (vs. previous forecast +10.8%)\nEarnings Per Share: 6.00 USD (vs. previous forecast +)","jir_category":"","jir_hashtags":"#MODEC, #EarningsForecastRevision, #FPSO, #OffshoreDevelopment","jir_key_figures":"Revenue: 4,900,000 thousand USD\nOperating Income: 520,000 thousand USD\nNet Income Attributable to Owners of Parent: 410,000 thousand USD","jir_meta_title":"MODEC, Inc. Revises Upward Earnings Forecast\uff5cFiscal Year Ending December 2026","jir_meta_description":"MODEC, Inc. has revised upward its consolidated earnings forecast for the fiscal year ending December 2026: revenue 4,900,000 thousand USD, operating income 520,000 thousand USD, net income 410,000 thousand USD. Strong FPSO construction and operations plus increased interest income contributed.","jir_og_title":"MODEC, Inc. Revises Upward Earnings Forecast\uff5cFiscal Year Ending December 2026","jir_og_description":"Construction and operation of FPSOs are progressing favorably, prompting an upward revision to the fiscal year ending December 2026 forecast. New forecast: revenue 4,900,000 thousand USD, operating income 520,000 thousand USD, net income 410,000 thousand USD.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7660,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-146018","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n