Forval's consolidated results for the first quarter of the fiscal year ending March 2027 showed revenue of 16,865 million yen, up 5.4% year on year, operating profit of 344 million yen, up 67.4%, ordinary profit of 444 million yen, up 80.3%, and quarterly net profit attributable to owners of the parent of 115 million yen, up 79.3%, marking higher revenue and a sharp increase in profit. The company's visualization-based hands-on management support business led by its corporate doctors performed solidly, while electricity services and other operations also contributed to the revenue increase. On the other hand, environmental businesses such as solar power systems were sluggish due to the timing of the launch of subsidy programs. While gross profit rose steadily, selling, general and administrative expenses were kept in check even as the company made investments necessary for its growth strategy, including personnel reinforcement and information processing costs, which led to the sharp rise in operating profit. For the full fiscal year ending March 2027, the company's consolidated forecast is revenue of 77,000 million yen, up 7.7% from the previous fiscal year, operating profit of 4,100 million yen, up 10.1%, ordinary profit of 4,300 million yen, up 6.3%, and net profit attributable to owners of the parent of 2,200 million yen, up 48.9%, leaving its initial forecast unchanged and expecting record highs for revenue, operating profit, and ordinary profit. In June 2026, the company also entered into a business alliance with Chowa Giken, a Hokkaido University-certified AI venture, to provide AI products and services for small and medium-sized enterprises, collaborate on local government digital transformation, develop human resources, and enhance its consulting services.
Forval CorporationForval reported Q1 revenue up 5.4% and operating profit up 67.4%, with full-year record-high forecasts maintained.
