Updated Mar 23, 2026 by Hibiya Engineering
Hibiya Engineering reported a net loss of 199 million yen for the first half of the fiscal year ending September 30, 2011, a significant decline from the previous year's profitability.
Operating income swung from a 568 million yen profit in the prior year to an operating loss of 485 million yen for the current period.
Net sales for the first half of the fiscal year reached 22,881 million yen, representing a 1.0% decrease compared to the same period in the previous year.
The company secured 25,240 million yen in new orders, though these were insufficient to offset high costs of sales and administrative expenses.
Management maintained its full-year forecast for the fiscal year ending March 2012, projecting net sales of 64,000 million yen and net income of 2,400 million yen.
Despite the losses, the company remains financially stable with total assets of 65,479 million yen and a strong equity ratio of 76.3%.
Performance was negatively impacted by a slump in public-works investments and broader economic challenges, including the aftermath of the Great East Japan Earthquake and a strong yen.
Hibiya Engineering reported a net loss of 199 million yen for the first half of the fiscal year ending September 30, 2011, a significant decline from the previous year's profitability.
Operating income swung from a 568 million yen profit in the prior year to an operating loss of 485 million yen for the current period.
Net sales for the first half of the fiscal year reached 22,881 million yen, representing a 1.0% decrease compared to the same period in the previous year.
The company secured 25,240 million yen in new orders, though these were insufficient to offset high costs of sales and administrative expenses.
Management maintained its full-year forecast for the fiscal year ending March 2012, projecting net sales of 64,000 million yen and net income of 2,400 million yen.
Despite the losses, the company remains financially stable with total assets of 65,479 million yen and a strong equity ratio of 76.3%.
Performance was negatively impacted by a slump in public-works investments and broader economic challenges, including the aftermath of the Great East Japan Earthquake and a strong yen.