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Astmax Losses Deepen to 969 Million Yen in First Half

A sharp rise in revenue failed to shield Astmax Co. Ltd. from significant financial deterioration, as the Tokyo-based firm reported a net loss of 969 million yen for the six months ending September 30. This performance marks a substantial widening from the 152 million yen loss recorded during the same period last year.

Astmax Losses Deepen to 969 Million Yen in First Half

Despite scaling revenue to 16.15 billion yen from the previous year's 10.79 billion yen, the company’s bottom line remained under heavy pressure. Operating losses ballooned to 863 million yen, up from 190 million yen in 2025. Pretax figures followed a similar downward trajectory, settling at a loss of 946 million yen compared to the prior 262 million yen deficit.

Calculated under Japanese accounting standards, these results translate to a loss per share of 73.89 yen, a significant increase from the 11.91 yen loss per share reported in the first half of the previous fiscal year.

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