Hybrid Tech, Net Income Forecast for the Fiscal Year Revised Downward to a Loss

Hybrid Technologies Co., Ltd. <4260> [TSE Growth] announced its financial results (based on IFRS) after the market closed on August 14th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending September 2025 (October 2024 to June 2025) significantly dropped 95.5% from the same period last year to 6 million yen.

In addition, the full-year forecast for consolidated net income/loss has been revised downward from an expected profit of 132 million yen to a loss of 58 million yen (compared to a profit of 53 million yen in the previous period), turning to a loss outlook.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income/loss for the April to September period (second half) has been revised downward from an expected profit of 158 million yen to a loss of 32 million yen (compared to a loss of 52 million yen in the same period of the previous year), turning to a loss outlook.

In the most recent three-month period, from April to June (3Q), the consolidated net income grew 18.5% from the same period last year, reaching 32 million yen. The operating profit margin improved from 6.1% in the same period last year to 7.1%.

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