Updated Mar 23, 2026 by Hibiya Engineering
Hibiya Engineering achieved a significant financial turnaround in the first half of fiscal year 2017, reporting an operating income of 1,543 million yen compared to a 539 million yen loss in the same period of 2015.
Net sales for the six-month period ending September 30, 2016, reached 29,586 million yen, representing an 8.6% increase year-over-year.
The company maintained a strong financial foundation with an equity ratio of 77.8%, despite facing a 4.0% decline in orders received to 34,431 million yen.
Profit attributable to owners of the parent for the first half of the fiscal year was 902 million yen, with ordinary income totaling 1,475 million yen.
Management transitioned the company's depreciation method for facilities acquired after April 1, 2016, from the declining-balance method to the straight-line method, noting no material impact on earnings.
The company is actively positioning itself as a comprehensive, one-stop engineering services provider, leading to a revision of its full-year earnings forecast.
Hibiya Engineering achieved a significant financial turnaround in the first half of fiscal year 2017, reporting an operating income of 1,543 million yen compared to a 539 million yen loss in the same period of 2015.
Net sales for the six-month period ending September 30, 2016, reached 29,586 million yen, representing an 8.6% increase year-over-year.
The company maintained a strong financial foundation with an equity ratio of 77.8%, despite facing a 4.0% decline in orders received to 34,431 million yen.
Profit attributable to owners of the parent for the first half of the fiscal year was 902 million yen, with ordinary income totaling 1,475 million yen.
Management transitioned the company's depreciation method for facilities acquired after April 1, 2016, from the declining-balance method to the straight-line method, noting no material impact on earnings.
The company is actively positioning itself as a comprehensive, one-stop engineering services provider, leading to a revision of its full-year earnings forecast.