Updated
Updated · MarketWatch · May 1System Location reports lower FY 2026 net profit
3 articles · Updated · MarketWatch · May 1
- For the year ended 31 March in Japan, net profit fell to Y297 million from Y330 million, while revenue rose to Y1.73 billion from Y1.67 billion.
- Operating profit increased to Y604 million from Y536 million, and pretax profit climbed to Y639 million from Y589 million.
- Per-share earnings declined to Y84.19 from Y93.77, with the results prepared under Japanese accounting standards.
Why did Japan's new tax reform crush this company’s profits despite record revenue? Is this tech firm’s profit plunge a warning sign for Japan’s entire economy?