kubell announced that it had revised its ordinary profit forecast for the current fiscal year upward to ¥940 million. Cumulative ordinary profit for the third quarter (January–September) rose to ¥820 million, with 4Q expected to come in at approximately ¥110 million.
kubell announced its results after the market close on 13 November. Cumulative consolidated ordinary profit for the third quarter (January–September) rose 3.3 times year on year to ¥820 million. At the same time, it revised its full-year ordinary profit forecast upward from the previous range of ¥610 million to ¥910 million to ¥940 million.
For the most recent three-month period, consolidated ordinary profit in 3Q rose 2.3 times year on year to ¥270 million, while the operating margin on sales improved from 5.3% in the same period a year earlier to 9.6%. Looking ahead, ordinary profit for the October–December period (4Q) is expected to be approximately ¥110 million, down 44.4% year on year.
The current-year earnings forecast based on the earnings summary includes a note that results may exceed or fall short of the forecast depending on future progress. The latest revision was prepared using the midpoint of the previous range as its basis.