Ecomott revises FY2025 mid-year earnings forecast

Ecomott Corporation (TSE:3987) has adjusted its mid-year consolidated earnings forecast for FY2025. While sales are slightly down from the previous forecast of JPY 1,451 million to JPY 1,411 million, operating profit is revised upward to JPY 44 million from JPY 42 million, and ordinary profit is increased to JPY 49 million from JPY 37 million. Net profit attributable to owners of the parent remains unchanged at JPY 19 million. The revision is due to stronger-than-expected performance in the construction solutions business led by subsidiary GRIFFY, offset by delays in IoT business innovation projects.