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AXIS surges in afternoon session as Q1 operating profit rises 34%, hitting record high for quarterly results
AXIS CO.,LTD. <4012> extended its rally in the afternoon session. The company’s first-quarter standalone results for the January-March period, released around midday, showed revenue of 2.25 billion yen (up 15.7% year-on-year), operating profit of 338 million yen (up 34.0%), and net profit of 218 million yen (up 27.4%). The sharp profit growth was welcomed by the market.
AXIS successfully secured public and social infrastructure projects, a key focus in its systems services business, while strong demand for information and communications projects drove both revenue and operating profit to record quarterly highs. A strategic shift into high-value-added services also bolstered the results.
Meanwhile, AXIS kept its full-year guidance for the fiscal year ending December 2026, projecting revenue of 9.44 billion yen (up 16.1% year-on-year), operating profit of 1 billion yen (up 12.6%), and net profit of 700 million yen (up 8.9%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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