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JGC HOLDINGS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 73%

Tue Nov 11, 2025 3:30 pm JST Earnings

1963 JGC HOLDINGS CORPRATION 【J-GAAP】

Earnings Report

JGC HOLDINGS CORPRATION <1963> [TSE Prime] announced its financial results after the market closed on November 11th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 9.2% from the same period last year, reaching 21.1 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 72.7%, from the previous forecast of 22.0 billion yen to 38.0 billion yen (compared to 11.3 billion yen in the previous period), increasing the growth rate from 94.3% to 3.4 times.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the October to March period (second half) is expected to turn into a profit of 16.8 billion yen (compared to a loss of 8.03 billion yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 6.9 times that of the same period last year, reaching 11.9 billion yen. The operating profit margin improved from 2.1% in the same period last year to 4.1%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 403,261 13,007 25,401 12,588 52.3 7,095.3 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 406,708 12,420 19,356 12,772 52.9 171.0 Nov 12, 2024 J-GAAP
Apr - Sep, 2025 381,254 15,765 21,145 11,661 48.2 55.6 Nov 11, 2025 J-GAAP
YoY -6.3% +26.9% +9.2% -8.7% -8.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － － May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 381,254 15,765 21,145 11,661 48.2 － Nov 11, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 690,000 21,000 22,000 15,000 62.0 40 May 14, 2025 J-GAAP
Mar, 2026 New 770,000 28,000 38,000 28,000 115.8 40 Nov 11, 2025 J-GAAP
Revision Rate +11.6% +33.3% +72.7% +86.7% +86.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 451,374 -23,894 -8,036 -13,170 -54.6 40 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 388,746 12,235 16,855 16,339 67.6 40 Nov 11, 2025 J-GAAP
YoY -13.9% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 832,595 -18,995 358 -7,830 -32.5 40 May 14, 2024 J-GAAP
Mar, 2025 858,082 -11,474 11,320 -398 -1.7 40 May 14, 2025 J-GAAP
Mar, 2026 Guidance 770,000 28,000 38,000 28,000 115.8 40 Nov 11, 2025 J-GAAP
YoY -10.3% － +235.7% － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 202,543 4,315 1,724 386 1.6 2.1 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 197,430 -31,627 -19,199 -16,741 -69.3 -16.0 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 253,944 7,733 11,163 3,571 14.8 3.0 May 14, 2025 J-GAAP
Apr - Jun, 2025 189,821 7,899 9,201 5,600 23.2 4.2 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 191,433 7,866 11,944 6,061 25.1 4.1 Nov 11, 2025 J-GAAP
YoY -5.5% +82.3% +592.8% +1,470.2% +1,466.9%

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