Besterra lowers full-year forecasts, sells underperforming subsidiaries

Besterra announced its consolidated financial results for the six months ended July 31, 2025, reporting net sales of 5,100 million yen, an 11.6% decrease year-on-year, and operating profit of 226 million yen, a 6.8% increase. Net income attributable to owners of parent significantly rose by 73.4% to 220 million yen, partly due to gains from the sale of investment securities. Despite the increase in net income, the company revised its full-year consolidated forecasts for the fiscal year ending January 31, 2026, lowering net sales to 12,000 million yen (from 13,000 million yen) and operating profit to 700 million yen (from 1,200 million yen).

The downward revision is primarily attributed to delays in large-scale construction projects and a temporary work suspension due to client circumstances. Additionally, Besterra divested two non-core consolidated subsidiaries, Hiro Engineering and 3D Visual, which had been underperforming, to refocus resources on its growing plant dismantling business.

Besterra plans to maintain its progressive dividend policy, with a projected annual dividend of 40 yen, including a 10 yen special dividend for its 10th anniversary of listing. The company also filed a joint patent application for a surface treatment technology for spherical gas holders.