In FY2026/6, Lib Work (hereafter, the Company) reported consolidated net sales of JPY 15,679 mn (-2.0% YoY), operating profit of JPY 527 mn (-36.6% YoY), ordinary profit of JPY 285 mn (-66.6% YoY), and net profit attributable to owners of parent (hereafter, net profit) of JPY 103 mn (-79.2% YoY).
Compliance with the revised Building Standards Act prolonged the building confirmation application, delaying housing starts and deliveries.
However, the Company caught up on these delays toward fiscal yearend, with Q4 operating profit recovering to JPY 643 mn.
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Lib Work (1431 JP) - Q4 Recovery Offsets the Impact of Delays