日本精密 returns to profitability in April-June quarter, ordinary profit exceeds full-year plan

The story

日本精密 reported ordinary profit of ¥289 million for April-June in its consolidated results, eliminating the loss recorded in the same period of the previous year. Progress against the full-year plan reached 124.6%, indicating that the plan is expected to be exceeded.

In the latest three-month period, the operating margin improved sharply to 10.0% from 6.3% in the same period of the previous year.

At a glance

Ordinary profitOrdinary profit for April-June was ¥289 million, returning to profitability

Progress against planProgress against the full-year plan was 124.6%

ProfitabilityThe operating margin improved to 10.0%

Current fiscal year forecastOrdinary profit for the first half of the current fiscal year is forecast at ¥163 million, with net income at ¥127 million

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