Infroneer Holdings / Upward Revision of Earnings Forecast for FY Ending March 2026 / Consolidated Sales to Reach 1.1 Trillion Yen
October 1, 2025 – Corporate & Management
On September 30, Infroneer Holdings (HD) announced its revised earnings forecast for the fiscal year ending March 2026, incorporating the performance targets of its newly consolidated subsidiary, Sumitomo Mitsui Construction, as well as its medium-term management plan through FY2027.
Compared with the forecast announced on May 14 under International Financial Reporting Standards (IFRS), the revised forecast includes Sumitomo Mitsui Construction’s results and raises key figures:
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Sales revenue: 1.131 trillion yen (previously 896.3 billion yen)
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Business profit: 77.3 billion yen (previously 54.5 billion yen)
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Operating profit: 69.6 billion yen (previously 54.9 billion yen)
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Net profit: 51.0 billion yen (previously 33.4 billion yen)
The medium-term management plan sets the following targets:
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Business profit (including financial income and expenses): 100.0 billion yen (vs. 70.0 billion yen previously)
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EBITDA (business profit + depreciation): 151.0 billion yen (vs. 110.0 billion yen previously)
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Net profit: 63.0 billion yen (vs. 43.0 billion yen previously)
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Value added: 334.0 billion yen (total of personnel costs, operating profit, depreciation, R&D, etc.; previously 225.0 billion yen)
The company aims for an early recovery in Sumitomo Mitsui Construction’s building business, which recorded construction losses upon consolidation. It plans to leverage scale advantages and engineering capabilities to strengthen competitiveness. In addition, it will focus on expanding non-contracting businesses such as concessions (public facility operation rights), overseas expansion, and improving financial balance.
