Cosel Co. Swings to Profit in First Quarter Results

Cosel Co. Ltd. posted a net profit of 661 million yen for the first quarter ending August 20, a sharp recovery from the 68 million yen loss reported during the same period last year. The Japanese manufacturer’s financial turnaround reflects significant growth in revenue alongside a return to positive operating margins.

September 18, 2026, 05:55 AM 260 0

Revenue for the quarter climbed to 7.81 billion yen, up from 5.08 billion yen in the previous year. This expansion in top-line performance fueled an operating profit of 545 million yen, contrasting with the 389 million yen loss recorded in the prior cycle. Pretax profit followed a similar trajectory, reaching 580 million yen compared to the previous loss of 79 million yen.

Earnings per share rose to 16.08 yen, a substantial increase from the 1.67 yen loss per share reported in the year-ago period. These results were compiled according to Japanese accounting standards.

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