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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Asia Air Survey
Asia Air Survey (9233) investor relations material
Asia Air Survey Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary7 Aug, 2026
Executive summary
Revenue for the nine months ended June 30, 2026, was ¥30,648 million, down 0.4% year-over-year due to delayed public project orders and sluggish renewable energy investment.
Operating profit decreased 12.3% year-over-year to ¥2,029 million, and net profit attributable to shareholders fell 13.1% to ¥1,123 million.
The company advanced digital transformation initiatives, expanded infrastructure management services, and began new solar power projects.
Chosen as a "DX注目企業2026" for digital innovation and continued efforts in sustainability and GHG reduction.
Financial highlights
Revenue: ¥30,648 million (down 0.4% year-over-year).
Operating profit: ¥2,029 million (down 12.3% year-over-year).
Ordinary profit: ¥1,948 million (down 13.3% year-over-year).
Net profit attributable to shareholders: ¥1,123 million (down 13.1% year-over-year).
Comprehensive income: ¥966 million (down 26.9% year-over-year).
Outlook and guidance
Full-year revenue forecast: ¥42,000 million (up 1.0% year-over-year).
Operating profit forecast: ¥2,600 million (down 9.0% year-over-year).
Net profit forecast: ¥1,660 million (down 7.9% year-over-year).
No change to previously announced guidance as of July 10, 2026.
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Latest events from Asia Air Survey
- FY2026 orders rose but net income fell; FY2027 operating profit is forecast to grow.9233
Q4 2026 - Revenue up 3.6% year-over-year, but operating profit fell 9.0%; guidance unchanged.9233Q3 2024
- Record order intake and revenue with stable profit growth, led by disaster recovery and DX demand.9233Q4 2024
- Q1 revenue dipped and net loss was recorded, but orders surged 20.8% year-over-year.9233Q1 2025
- Order intake grew, but profits and equity ratio fell; full-year outlook and dividend remain steady.9233Q2 2025
- Revenue up, profits down; guidance maintained, equity ratio improved, innovation advanced.9233Q3 2025
- Revenue up 3.3%, net profit down 5.2%, with strong growth forecast for next year.9233Q4 2025
- Revenue up 4.1% year-over-year; operating profit returns to positive, outlook maintained.9233Q1 2026
- Revenue and profits fell on delayed public budgets, but digital initiatives and growth forecasts remain.9233Q2 2026
Next Asia Air Survey earnings date
Q4 202625 Nov, 2026
Asia Air Survey
Next Asia Air Survey earnings date
Q4 202625 Nov, 2026
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