Zenrin posts first-half net loss but forecasts full-year net profit
Japan's Zenrin reported a first-half net loss and operating loss, while guiding to a full-year net profit to March 2027. Revenue also fell.
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what happened
Japanese mapping company Zenrin Co. Ltd. (9474.TO) reported results for the half-year ended September 30, 2026, according to Dow Jones Newswires. Revenue fell to 28.51 billion yen from 29.52 billion yen a year earlier. The company swung to an operating loss of 1.76 billion yen, compared with an operating profit of 83 million yen a year ago. The net loss came to 365 million yen, against a net profit of 260 million yen in the prior-year period, and the loss per share was 6.84 yen.
At the same time, Zenrin issued guidance for the fiscal year ending March 2027. It expects revenue of 66 billion yen, operating profit of 2.2 billion yen, pretax profit of 2.6 billion yen and net profit of 2.4 billion yen, with earnings per share of 44.95 yen. The figures follow Japanese accounting standards.
why it matters
This is a report from a small company and is unlikely to move broader markets. The guidance implies a sharp recovery in profit in the second half, since the net loss for the first six months was 365 million yen.
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sources
- Zenrin 1H Loss Y365.00M Vs Net Y260.00M — Dow Jones Newswires, 29 October 2026 at 04:00 UTC
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