ＮＡＮＫＡＩ cut its ordinary profit forecast for the current fiscal year. Cumulative 2Q ordinary profit rose year on year to ¥21.7 billion, while the full-year forecast was revised to ¥35.4 billion and second-half ordinary profit is expected to be ¥13.6 billion.
ＮＡＮＫＡＩ announced its earnings in the afternoon session on 2 November. Consolidated ordinary profit for the first six months of the fiscal year ending March 2027 was ¥21.7 billion, up 5.0% year on year. The company changed its forecast from a projected 7.9% decline to a projected increase.
However, the full-year ordinary profit forecast was revised downward from ¥35.9 billion to ¥35.4 billion, with the projected decline widening from 4.9% to 6.3% year on year.
Based on the first-half results and full-year plan announced by the company, consolidated ordinary profit for the second half is expected to be ¥13.6 billion, down 19.9% year on year.
Ordinary profit for the latest three-month period, July-September, reached ¥10.5 billion, up 11.3% year on year, while the operating profit margin on sales improved from 16.2% to 16.5%.