On 16 October, 岩井コスモホールディングス and 丸三 announced their first-half earnings forecasts. 岩井コスモ expects first-half ordinary profit to rise to ¥8.23 billion, while 丸三 expects its previously undisclosed first-half ordinary profit to increase 77.6% to ¥3.54 billion. Stocks scheduled to announce earnings on 19 October were also disclosed.
Today's top earnings picks included the first-half earnings forecasts from 岩井コスモホールディングス and 丸三. 岩井コスモ expects first-half ordinary profit of ¥8.23 billion, which would mark a first-half record high for the 3rd consecutive period. 丸三 expects non-consolidated first-half ordinary profit to rise to ¥3.54 billion, a substantial increase from the previously undisclosed figure.
岩井コスモ also expects revenue to increase by approximately 25.5%, driven by earnings from U.S. equities. 丸三 is expected to see overall earnings growth, supported by increases in investment trust distribution fees, trust fees and equity brokerage commissions.