Updated Mar 23, 2026 by Hibiya Engineering
Hibiya Engineering reported a net loss of 494 million yen for the first half of the fiscal year ending September 30, 2014, a significant decline from the 118 million yen net income recorded in the same period of 2013.
Operating losses widened to 975 million yen from 918 million yen in the prior year, driven by intense market competition and rising labor and material costs.
Net sales grew by 7.1% year-over-year to 28,104 million yen for the six-month period ending September 30, 2014.
Orders received increased by 8.2% to 37,851 million yen, reflecting the company's strategic focus on expanding its comprehensive engineering services.
Total assets decreased to 73,394 million yen as of September 30, 2014, down from 83,531 million yen at the end of the previous fiscal year, primarily due to a reduction in accounts receivable.
The company maintained its full-year forecast, projecting net sales of 71,000 million yen and net income of 2,000 million yen for the fiscal year ending March 31, 2015.
Hibiya Engineering reported a net loss of 494 million yen for the first half of the fiscal year ending September 30, 2014, a significant decline from the 118 million yen net income recorded in the same period of 2013.
Operating losses widened to 975 million yen from 918 million yen in the prior year, driven by intense market competition and rising labor and material costs.
Net sales grew by 7.1% year-over-year to 28,104 million yen for the six-month period ending September 30, 2014.
Orders received increased by 8.2% to 37,851 million yen, reflecting the company's strategic focus on expanding its comprehensive engineering services.
Total assets decreased to 73,394 million yen as of September 30, 2014, down from 83,531 million yen at the end of the previous fiscal year, primarily due to a reduction in accounts receivable.
The company maintained its full-year forecast, projecting net sales of 71,000 million yen and net income of 2,000 million yen for the fiscal year ending March 31, 2015.