Torex Semiconductor revised its ordinary profit forecast for the current fiscal year upward. Ordinary profit for the second-quarter cumulative period (April-September) reached ¥1.52 billion, more than four times the previous fiscal year, and the full-year forecast was raised to ¥2.1 billion. Meanwhile, second-half ordinary profit is expected to decline from the year-earlier period.
Torex Semiconductor announced its results after the market close on 13 November, reporting consolidated ordinary profit of ¥1.52 billion for the second-quarter cumulative period (April-September) of the fiscal year ending March 2027, up 4.0 times from the year-earlier period. At the same time, it revised its full-year ordinary profit forecast from the previous ¥1.6 billion to ¥2.1 billion, representing an upward revision of 31.3%.
Ordinary profit for the July-September quarter was ¥410 million, up 31.2% from the year-earlier period, while the operating profit margin improved from 4.1% to 8.1%. Second-half ordinary profit is expected to decline from the year-earlier period and is calculated to be approximately ¥570 million.
Based on a comparison of first-half results with the previous forecast, the revised outlook for the current fiscal year calls for revenue of approximately ¥2.8 billion, revised ordinary profit of approximately ¥210 million, and net income of approximately ¥2,116 million. However, the specific figures in the earnings summary require reference to the table in the body of the report.