Updated Mar 23, 2026 by Hibiya Engineering
Hibiya Engineering reported an operating loss of 539 million yen for the first half of the fiscal year ending September 30, 2015, which represents an improvement over the 975 million yen loss recorded in the same period of the previous year.
Net sales declined 3.0% year-on-year to 27,252 million yen, while orders received fell 5.3% to 35,863 million yen due to rising material and labor costs in the Japanese construction sector.
The company narrowed its ordinary loss to 331 million yen from 755 million yen and reduced the loss attributable to owners of the parent to 270 million yen from 494 million yen.
Management maintains its full-year forecast for the fiscal year ending March 31, 2016, projecting net sales of 74,000 million yen and an operating income of 2,500 million yen.
Total assets decreased to 72,023 million yen, driven primarily by a reduction in accounts receivable from completed construction contracts.
Total liabilities fell to 14,646 million yen, largely due to a decrease in accounts payable.
The adoption of new accounting standards for business combinations and consolidated financial statements in the first quarter had no material impact on the company's earnings.
Hibiya Engineering reported an operating loss of 539 million yen for the first half of the fiscal year ending September 30, 2015, which represents an improvement over the 975 million yen loss recorded in the same period of the previous year.
Net sales declined 3.0% year-on-year to 27,252 million yen, while orders received fell 5.3% to 35,863 million yen due to rising material and labor costs in the Japanese construction sector.
The company narrowed its ordinary loss to 331 million yen from 755 million yen and reduced the loss attributable to owners of the parent to 270 million yen from 494 million yen.
Management maintains its full-year forecast for the fiscal year ending March 31, 2016, projecting net sales of 74,000 million yen and an operating income of 2,500 million yen.
Total assets decreased to 72,023 million yen, driven primarily by a reduction in accounts receivable from completed construction contracts.
Total liabilities fell to 14,646 million yen, largely due to a decrease in accounts payable.
The adoption of new accounting standards for business combinations and consolidated financial statements in the first quarter had no material impact on the company's earnings.