G-Tekt slashes full-year forecast amid cyberattacks, natural disasters

G-Tekt Corporation reported consolidated financial results for the six months ended September 30, 2025, with net sales of JPY 154,510 million, a decrease of 7.7% year-on-year. Operating profit for the period was JPY 4,466 million, down 16.6%, and profit attributable to owners of parent was JPY 3,601 million, a decrease of 7.6%. This led to earnings per share of JPY 84.14 for the first half.

Following these results, G-Tekt Corporation revised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026. The company now anticipates net sales of JPY 320,000 million, down 5.6% from the previous forecast, and operating profit of JPY 14,200 million, a 13.3% decrease. Profit attributable to owners of parent is projected at JPY 10,000 million, a 19.6% reduction, leading to an estimated earnings per share of JPY 233.58.

The downward revision is attributed to several operational challenges, including production halts at European customer sites due to cyberattacks, disruptions at South American customer factories caused by natural disasters, and reduced production in North America stemming from semiconductor shortages. The company had initially based its forecast on information available as of May 14, 2025.