Shimano revised its ordinary profit forecast for the current fiscal year upward from its previous forecast, raising it to ¥62,300 million. The new forecasts are revenue of ¥495,500 million and net profit of ¥47,000 million.
Cumulative results for the third quarter were revenue of ¥334,879 million, operating profit of ¥50,651 million, ordinary profit of ¥58,262 million and net profit of ¥41,343 million. Operating profit was above the year-earlier level, while ordinary profit rose sharply year on year.
In the revision to the current-year earnings forecast, ordinary profit was raised to ¥62,300 million from the previous forecast, while revenue was projected at ¥495,500 million, net profit at ¥47,000 million and earnings per share at ¥558.86. The revision was announced on 26/10/27, and a slight improvement is also expected in the outlook for the second half.
The new forecast after the revision was released on the assumption that the company would maintain a high rate of progress for the current fiscal year, and growth from the previous year is still viewed as solid. However, the report does not mention individual factors, foreign-exchange trends or other factors that could affect investment decisions.