GiG Works, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 9.0 times

GiG Works Inc. <2375> [TSE Std] announced its financial results after the market closed on June 11th (15:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending October 2026 (November 2025 to April 2026) turned into a profit of 88 million yen (compared to a loss of 475 million yen in the same period last year).

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 9.0 times, from the previous forecast of 20 million yen to 180 million yen (compared to 5 million yen in the previous period), increasing the growth rate from 4.0 times to 36 times.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the May to October period (second half) is expected to significant drop 80.8% from the same period last year to 92 million yen.

In the most recent three-month period, from February to April (2Q), the consolidated ordinary profit/loss turned to a profit of 146 million yen (compared to a loss of 186 million yen in the same period last year). The operating profit/loss margin drastically improved from -2.4% in the same period last year to 3.0%.

Kabutan News