Green Energy & Company sees revenue rise 41.8% despite Q1 net loss

For the first quarter of the fiscal year ending April 2026, Green Energy & Company reported a substantial increase in net sales, reaching JPY 2,807 million, a 41.8% rise compared to the same period last year. Despite this revenue growth, the company reported an operating profit of JPY 5 million and a recurring loss of JPY 6 million. The net loss attributable to parent company shareholders was JPY 10 million, resulting in a loss per share of JPY 2.49.

Total assets for the period increased to JPY 14,608 million, up from JPY 13,557 million at the end of the previous fiscal year, primarily driven by increases in cash and deposits, and accounts receivable. The company’s equity ratio stood at 35.8%.

Looking ahead, Green Energy & Company projects consolidated net sales of JPY 5,300 million and an operating profit of JPY 200 million for the second quarter (cumulative), with full-year forecasts of JPY 14,000 million in net sales and JPY 700 million in operating profit. The company also announced a strategic acquisition of Ietochi Fudosan Co., Ltd. on June 4, 2025, aiming to strengthen its product planning and sales capabilities in the real estate sector.