Hibiya Engineering reports 64% profit jump in Q1

Hibiya Engineering reported a 63.8% increase in profit attributable to owners, reaching ¥1.3 billion for Q1 FYE March 2026, alongside a 54.9% rise in ordinary profit to ¥1.9 billion. Net sales grew 8.8% to ¥19.0 billion.

Gross profit margin improved by 2.2 percentage points to 19.2%, driven by better projected profit at order receipt and work efficiency. Orders received remained stable at ¥16.7 billion with projects carried over totaling ¥83.2 billion.

The company maintained its full-year forecast of ¥93.5 billion in net sales and ¥6.0 billion in profit attributable to owners.