Misawa & Co. Swings to Loss in First Quarter

Revenue for the period reached 3.06 billion yen, showing a slight gain over the 2.99 billion yen recorded in the previous year. However, rising costs pushed the company into the red, with an operating loss of 24 million yen compared to a 16 million yen profit a year ago. Pretax losses hit 38 million yen, contrasting with the 30 million yen profit seen in 2025.

Per-share earnings dropped to a loss of 4.12 yen from the previous year's gain of 1.81 yen. While the company maintains an annual dividend forecast of 8.00 yen, no dividends were declared for the first quarter. These results are based on Japanese accounting standards.