For the second quarter of the fiscal year ending August 2026, net sales were 15.18 billion yen (5.4% below the previous forecast), and operating income was 1.31 billion yen (29.4% below), mainly due to delays in delivery of non-FIT solar power 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/1407-20260414-01.pdf","jir_short_summary":"For the second quarter of the fiscal year ending August 2026, net sales were 15.18 billion yen (5.4% below the previous forecast), and operating income was 1.31 billion yen (29.4% below), mainly due to delays in delivery of non-FIT solar power plants.","jir_summary":"### Performance Overview\nIn the second quarter of the fiscal year ending August 2026, net sales reached 15,180 million yen, operating income was 1,301 million yen, ordinary income was 563 million yen, and net income attributable to owners of the parent was 357 million yen. Compared to the previously announced earnings forecast, net sales were down 5.4%, operating income decreased by 29.4%, ordinary income declined 40.3%, and net income fell 38.8%. Compared to the same period last year, net sales showed a slight increase, but profit declined.\n\n### Causes of Differences and Outlook\nThe main factors for the decline in revenue and income were delays in delivery of approximately 400 non-FIT solar power plants in the renewable energy business development, which shifted to the third quarter and beyond, resulting in shortfall in net sales. Additionally, logistics costs related to securing materials and transportation for scheduled completion projects increased ahead of time, contributing to the decrease in operating income. With more than 400 completed units in inventory, it is judged that the shortfall in the first half can be compensated through deliveries in the second half, and the full-year earnings forecast remains unchanged.","jir_financial_highlights":"Net Sales: 15,180 million yen (5.4% below previous forecast)\nOperating Income: 1,301 million yen (29.4% below previous forecast)\nOrdinary Income: 563 million yen (40.3% below previous forecast)\nNet Income Attributable to Owners of Parent (Interim): 357 million yen (38.8% below previous forecast)\nInterim Net Income per Share: 9.02 yen (Unknown)","jir_category":"","jir_hashtags":"#WestHoldingsCorporation, #financial_summary, #JapaneseStocks","jir_key_figures":"Net Sales: 15,180 million yen (5.4% below previous forecast)\nOperating Income: 1,301 million yen (29.4% below previous forecast)\nNet Income Attributable to Owners of Parent (Interim): 357 million yen (38.8% below previous forecast)","jir_meta_title":"\u3010West Holdings Corporation\u3011FY2026 Q2 Earnings | Net Sales 15.18 Billion Yen (5.4% Below Previous Forecast)","jir_meta_description":"West Holdings Corporation's Q2 earnings for the fiscal year ending August 2026. Net sales of 15,180 million yen and operating income of 1,301 million yen fell short of previous forecasts due to delays in delivery of non-FIT solar power plants. Full-year forecast remains unchanged.","jir_og_title":"\u3010West Holdings Corporation\u3011FY2026 Q2 Earnings | Net Sales 15.18 Billion Yen (5.4% Below Previous Forecast)","jir_og_description":"Second quarter results for fiscal year ending August 2026: net sales of 15,180 million yen and operating income of 1,301 million yen. Delays in delivery of non-FIT solar power plants caused performance shortfalls, but the full-year forecast remains unchanged.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Comparison of Consolidated Earnings Forecast and Actual Results for Q2 of Fiscal Year Ending August 2026\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net Sales\\\",\\\"Operating Income\\\",\\\"Ordinary Income\\\",\\\"Net Income Attributable to Owners of Parent (Interim)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Previous Forecast (million yen)\\\",\\\"data\\\":[16050,1843,943,583],\\\"backgroundColor\\\":\\\"rgba(54,162,235,0.7)\\\"},{\\\"label\\\":\\\"Current Actual Results (million yen)\\\",\\\"data\\\":[15180,1301,563,357],\\\"backgroundColor\\\":\\\"rgba(255,99,132,0.7)\\\"}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":17018,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-40398","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n