<p>Toyo Engineering Corporation has revised its consolidated earnings forecast for the fiscal year ending March 2026. The company now expects a consolidated net profit (loss) of JPY 17.5 billion for the third quarter and JPY 15 billion for the full year, representing a downward revision of JPY 20 billion from the previous forecast. This significant change is primarily attributed to increased losses related to its Brazil gas-fired power generation project, where losses are now projected to reach JPY 20.5 billion. While measures to improve earnings, including expense reductions and profit contributions from new projects, are progressing as planned, and strong equity-method investment income has offset some domestic project deterioration, the overall profitability has been substantially impacted by the issues in Brazil. The project, currently 98.9% complete, is facing delayed delivery and ongoing arbitration, leading to conservative adjustments in revenue and additional cost provisions. Order intake has reached the full-year target of JPY 400.0 billion as of the third quarter. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toyo Engineering Corporation published the original content used to generate this news brief on February 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here</p>

Toyo Engineering Cuts Full-Year Profit Forecast After Brazil Project Losses