Chiyoda net profit jumps 59% despite sales decline

Chiyoda Corporation's net profit surged 58.6% to 6.37 billion yen in Q1 FY2026, despite net sales falling 22.7% to 90.46 billion yen. Operating profit dropped 20.3% to 5.11 billion yen, while ordinary profit rose 28.3% to 7.04 billion yen.

The company's order backlog reached 770.6 billion yen, with new orders totaling 1.33 billion yen for the quarter.