カナデン raised its ordinary profit forecast for the current fiscal year from the previous ¥6 billion to ¥6.6 billion, an upward revision of 10%, and added a forecast for record profit. Ordinary profit for the second-quarter cumulative period increased significantly year on year, and the outlook for the second half was also revised upward.
カナデン's consolidated ordinary profit for the second-quarter cumulative period, April through September, of the fiscal year ending March 2027 was ¥2.21 billion, up 22.9% year on year, representing a significant improvement. The company also revised its full-year ordinary profit forecast from the previous ¥6 billion to ¥6.6 billion, expanding the growth forecast from 3.7% to 14.1%.
For the latest 3-month period, consolidated ordinary profit for July-September was ¥1.51 billion, up 14.3% year on year, while the operating margin on sales edged up from 3.8% to 3.9%, remaining essentially flat. For the second half, the company released an estimate that consolidated ordinary profit for October-March would reach ¥4.38 billion, up 10.1% year on year.