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Shigematsu Works Swings to Profit Amid Revenue Growth

Shigematsu Works Co. Ltd. reported a significant financial turnaround for the half-year ending September 30, posting a net profit of 700 million yen. This result marks a sharp recovery from the 13 million yen loss recorded during the same period in the previous year, driven by rising operational gains.

Shigematsu Works Swings to Profit Amid Revenue Growth

The Japanese manufacturer saw its revenue climb to 6.89 billion yen, up from 6.39 billion yen a year earlier. Operating profit surged to 309 million yen, compared to the 88 million yen reported previously. Pretax figures also improved, reaching 289 million yen against a prior loss of 10 million yen.

Earnings per share rose to 98.53 yen, reversing the negative 1.94 yen reported in 2025. Following these results, the company maintains its year-end dividend forecast at 15 yen per share, consistent with its annual payout target. These figures reflect performance under Japanese accounting standards.

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