Japan Lifeline's first-half ordinary profit fell 8.8% year on year to ¥6.04 billion, while second-half profit is expected to decline 20.2%; full-year progress was 55.9%, exceeding the five-year average. Ordinary profit for the latest July-September quarter was ¥2.75 billion, and the operating margin on sales fell from 22.8% to 16.2%.
Japan Lifeline announced its financial results on 30 October. Consolidated ordinary profit for the cumulative first two quarters (April-September) was ¥6.04 billion, down 8.8% year on year. Progress against the full-year plan reached 55.9%, exceeding the five-year average of 50.1%.
Based on its first-half results, the company estimated consolidated ordinary profit for the second half (October-March) at ¥4.76 billion. This is expected to be down 20.2% year on year.
Consolidated ordinary profit for the latest three-month period, July-September, was ¥2.75 billion, down 18.9% year on year. The operating margin on sales fell from 22.8% to 16.2%.