オーウエル revised its current-period ordinary profit forecast upward and raised its record-profit forecast. Ordinary profit for April–September expanded 2.4-fold year on year to ¥1.22 billion, and the full-year ordinary profit forecast was raised from the previous ¥1.8 billion to ¥2.0 billion.
オーウエル published its earnings report, reporting consolidated ordinary profit of ¥1.22 billion for the April–September period, a sharp 2.4-fold increase year on year. The period ended above the previous forecast of ¥900 million.
At the same time, the full-year ordinary profit forecast was revised upward from the previous ¥1.8 billion to ¥2.0 billion. The expected increase in profit has expanded to approximately 19%, further exceeding the record-profit forecast for the past 3 fiscal years.
Based on first-half results for the current fiscal year, ordinary profit for the second half, or October–March, is estimated to decline substantially year on year to ¥770 million. Meanwhile, based on results for the most recent 3 months, ordinary profit for July–September expanded to ¥710 million, and the profit margin on sales improved to 3.7%.
For the cumulative second-quarter results, net sales were ¥34.241 billion, operating profit was ¥403 million, ordinary profit was ¥544 million, and net income was ¥373 million.