Frontier Management Inc. (7038) Earnings: Revenue Increases 20.3% YoY to 6.94 Billion Yen

Frontier Management Inc. (7038) released its financial results, reporting a significant revenue increase of 20.3% year-over-year to 6.94 billion yen. On the earnings front, the company posted an operating profit of 83 million yen, while recording a recurring loss of 4 million yen and a net loss attributable to owners of the parent of 115 million yen, with basic earnings per share at -9.78 yen.

Examining the financial structure and cash flow metrics, the equity-to-asset ratio stands at 9.3%, with interest-bearing debt at 5.12 billion yen and retained earnings at 0.20 billion yen. While the company maintains cash and cash equivalents of 2.26 billion yen, for the six months ended June 30, 2026, operating cash flow was approximately -1,832 million yen and investing cash flow was approximately 439 million yen, giving combined operating and investing cash flow of approximately -1,393 million yen. Market participants will likely monitor the company's path toward earnings recovery and cash flow normalization as top-line growth continues.

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Correction (September 19, 2026)：The affected figures and reporting-period labels were corrected after checking the source disclosure. Source disclosure