Azbil raises full-year and half-year earnings forecasts

Azbil Corporation announced revised consolidated financial forecasts, increasing projections for the six months ended September 30, 2025, and the full year ending March 31, 2026. For the half-year period, net sales are now forecast at 132,800 million yen, while operating income is expected to reach 17,700 million yen, and net income attributable to owners of the parent is projected at 13,400 million yen. This represents a significant 30.1% increase in half-year net income attributable to owners of the parent compared to the previous forecast.

The company also adjusted its full-year forecast for March 31, 2026, with net sales now at 298,000 million yen, operating income at 45,500 million yen, and net income attributable to owners of the parent at 33,500 million yen. This reflects an 8.1% increase in full-year net income attributable to owners of the parent.

These revisions are attributed to growth in Azbil's Building Automation business, particularly in profitable existing building and service sectors, and improved profitability across both Building Automation and Advanced Automation businesses due to various enhancement measures. Although uncertainties persist, demand for HVAC control equipment and systems remains robust, and factory automation markets are expected to gradually recover.