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JGC HOLDINGS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 16%

Tue Feb 10, 2026 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 February 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 272 times that of the same period last year, reaching 42.6 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 15.8%, from the previous forecast of 38.0 billion yen to 44.0 billion yen (compared to 11.3 billion yen in the previous period), increasing the growth rate from 3.4 times to 3.9 times.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 35.6%, from the previous forecast of 16.8 billion yen to 22.8 billion yen (compared to a loss of 8.03 billion yen in the same period of the previous year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 21.5 billion yen (compared to a loss of 19.1 billion yen in the same period last year). The operating profit/loss margin drastically improved from -16.0% in the same period last year to 5.9%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Apr - Dec, 2023
601,069M 9,272M 23,323M 10,623M 44.1 6,514.8 Feb 9, 2024 J-GAAP
Apr - Dec, 2024
604,138M -19,207M 157M -3,969M -16.4 1.4 Feb 12, 2025 J-GAAP
Apr - Dec, 2025
566,816M 26,707M 42,685M 29,905M 123.7 97.0 Feb 10, 2026 J-GAAP
YoY -6.2% +27,087.9%

Guidance Update

Second Half Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Oct - Mar, 2025 Prev 388,746M 12,235M 16,855M 16,339M 67.6 40 Nov 11, 2025 J-GAAP
Oct - Mar, 2025 New 358,746M 15,235M 22,855M 18,339M 75.8 40 Feb 10, 2026 J-GAAP
Revision Rate -7.7% +24.5% +35.6% +12.2% +12.2%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2026 Prev 770,000M 28,000M 38,000M 28,000M 115.8 40 Nov 11, 2025 J-GAAP
Mar, 2026 New 740,000M 31,000M 44,000M 30,000M 124.0 40 Feb 10, 2026 J-GAAP
Revision Rate -3.9% +10.7% +15.8% +7.1% +7.1%

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
451,374M -23,894M -8,036M -13,170M -54.6 40 May 14, 2025 J-GAAP
Guidance
Oct - Mar, 2025
358,746M 15,235M 22,855M 18,339M 75.8 40 Feb 10, 2026 J-GAAP
YoY -20.5%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
832,595M -18,995M 358M -7,830M -32.5 40 May 14, 2024 J-GAAP
Mar, 2025
858,082M -11,474M 11,320M -398M -1.7 40 May 14, 2025 J-GAAP
Guidance
Mar, 2026
740,000M 31,000M 44,000M 30,000M 124.0 40 Feb 10, 2026 J-GAAP
YoY -13.8% +288.7%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Oct - Dec, 2024
197,430M -31,627M -19,199M -16,741M -69.3 -16.0 Feb 12, 2025 J-GAAP
Jan - Mar, 2025
253,944M 7,733M 11,163M 3,571M 14.8 3.0 May 14, 2025 J-GAAP
Apr - Jun, 2025
189,821M 7,899M 9,201M 5,600M 23.2 4.2 Aug 7, 2025 J-GAAP
Jul - Sep, 2025
191,433M 7,866M 11,944M 6,061M 25.1 4.1 Nov 11, 2025 J-GAAP
Oct - Dec, 2025
185,562M 10,942M 21,540M 18,244M 75.5 5.9 Feb 10, 2026 J-GAAP
YoY -6.0%