Bestera posts record quarter as bigger jobs drive borrowing and accident costs stay unclear
Bestera's first-quarter sales rose 29.3% to ¥3.27 billion and operating profit jumped 164.1% to ¥353 million, with new orders up 188.5% to ¥3.865 billion. The company kept its annual outlook unchanged, but separately approved total new borrowing of ¥6 billion as larger demolition projects absorb more working capital. A second update on the April accident at a Kawasaki demolition site said three workers died, two were injured and one remains missing, with investigations continuing and the direct earnings impact still unquantified. The operating momentum is clear. The financial consequences of the accident are not.