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FRONTEO hits daily limit down on forecast of operating profit decline for fiscal year ending March 2027
FRONTEO, Inc. <2158> shares hit their daily limit down after the company forecast a sharp profit decline for the fiscal year ending March 2027 following the market close on May 15. The company projects sales to ease 0.6% year-on-year to 7.6 billion yen and operating profit to plunge 59.4% to 300 million yen, stoking investor concerns over lower earnings. The dividend forecast remains unchanged with no payout.
In its results for the fiscal year ended March 2026 announced concurrently, sales rose 25.3% year-on-year to 7.64 billion yen, and operating profit grew 40.1% to 739 million yen. Although the Risk Management segment was lackluster, the Life Science AI business achieved significant revenue growth alongside improved profitability, while the digital transformation (DX) segment also supported overall performance.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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