Updated Mar 23, 2026 by Hibiya Engineering
Hibiya Engineering reported an operating loss of 918 million yen for the first half of the fiscal year ending March 31, 2014, a significant decline from the 148 million yen operating income recorded in the same period of 2012.
Net sales for the first half of the fiscal year fell by 10.1% year-on-year to 26,243 million yen.
Net income dropped by 49.6% to 118 million yen compared to the first half of the previous fiscal year.
Despite a 9.6% year-on-year increase in orders received to 34,986 million yen, profitability was constrained by rising labor and material costs alongside intense market competition.
Ordinary income shifted from a 356 million yen profit in the first half of 2012 to a 551 million yen loss for the same period in 2013.
As of September 30, 2013, total assets decreased to 71,002 million yen from 79,427 million yen at the end of the previous fiscal year, while the equity ratio remained at 75.8%.
Hibiya Engineering reported an operating loss of 918 million yen for the first half of the fiscal year ending March 31, 2014, a significant decline from the 148 million yen operating income recorded in the same period of 2012.
Net sales for the first half of the fiscal year fell by 10.1% year-on-year to 26,243 million yen.
Net income dropped by 49.6% to 118 million yen compared to the first half of the previous fiscal year.
Despite a 9.6% year-on-year increase in orders received to 34,986 million yen, profitability was constrained by rising labor and material costs alongside intense market competition.
Ordinary income shifted from a 356 million yen profit in the first half of 2012 to a 551 million yen loss for the same period in 2013.
As of September 30, 2013, total assets decreased to 71,002 million yen from 79,427 million yen at the end of the previous fiscal year, while the equity ratio remained at 75.8%.