Updated Mar 23, 2026 by Hibiya Engineering
Hibiya Engineering returned to profitability for the first half of the fiscal year ending March 31, 2013, reporting a net income of 234 million yen compared to a 199 million yen loss in the same period the previous year.
Net sales for the six-month period ending September 30, 2012, reached 29,201 million yen, a 27.6% increase year-on-year driven by a 26.5% rise in orders received.
Operating income improved to 148 million yen, recovering from a 485 million yen loss in the first half of the previous fiscal year.
Ordinary income reached 356 million yen for the period, a significant turnaround from the 9 million yen loss recorded in the prior year.
As of September 30, 2012, the company held total assets of 68,555 million yen and total liabilities of 16,170 million yen.
Management maintained its full-year forecast for the fiscal year ending March 2013, projecting net sales of 66,000 million yen and net income of 2,000 million yen.
The company attributed its growth to favorable market conditions stemming from post-earthquake recovery efforts, despite facing intense price-based competition.
Hibiya Engineering returned to profitability for the first half of the fiscal year ending March 31, 2013, reporting a net income of 234 million yen compared to a 199 million yen loss in the same period the previous year.
Net sales for the six-month period ending September 30, 2012, reached 29,201 million yen, a 27.6% increase year-on-year driven by a 26.5% rise in orders received.
Operating income improved to 148 million yen, recovering from a 485 million yen loss in the first half of the previous fiscal year.
Ordinary income reached 356 million yen for the period, a significant turnaround from the 9 million yen loss recorded in the prior year.
As of September 30, 2012, the company held total assets of 68,555 million yen and total liabilities of 16,170 million yen.
Management maintained its full-year forecast for the fiscal year ending March 2013, projecting net sales of 66,000 million yen and net income of 2,000 million yen.
The company attributed its growth to favorable market conditions stemming from post-earthquake recovery efforts, despite facing intense price-based competition.