Forval profit plummets 67% in first quarter

Forval Corporation reported profit attributable to owners of parent plummeted 66.9% to 64 million yen for the three months ended June 30, 2025, despite net sales rising 1.1% to 15,998 million yen.

Operating profit declined 54.5% to 205 million yen, while ordinary profit dropped 53.9% to 246 million yen.

The company forecasts full-year profit attributable to owners of 2,200 million yen on sales of 76,000 million yen.