Rasa Shoji raised its interim operating profit forecast 70% from ¥500 million to ¥805 million. Meanwhile, it continues to take a cautious stance on its full-year outlook.
Rasa Shoji raised its interim operating profit forecast from the previous ¥500 million to ¥805 million, announcing a 70% upward revision. The factors behind the revision included sustained strong sales of pump components and contributions from the acquisition of large construction projects.
The company continues to take a cautious stance on its full-year outlook, saying it needs to assess the contribution to earnings in the second half, raw-material trends and changes in its business structure. It indicated that the interim revision remains subject to developments in the situation.