上村工 indicated that it had revised its ordinary profit forecast for the current fiscal year to a 15% year-on-year increase, reversing its previous outlook, and aimed to set a new record for full-year profit. Based on the earnings report, the cumulative results through the second quarter and the new revised figures were disclosed.
For the cumulative results through the second quarter, net sales were ¥52,838 million, ordinary profit was ¥12,303 million and net income was ¥8,700 million, while revised earnings per share were ¥544.11. Compared with the same period of the previous year, net sales increased 26.7%, ordinary profit increased 27.6% and net income increased 26.9%.
In the revision to the current fiscal-year earnings forecast, net sales, ordinary profit and net income were raised from the previous forecasts to ¥108,200 million, ¥25,300 million and ¥17,700 million, respectively. Revised earnings per share are expected to be ¥1,108.71 and the dividend is expected to be ¥290, with the respective revision rate described as approximately +21.8%.
The revision covers the full-year forecast, taking into account the second-quarter results and the outlook ahead, and attention is expected to focus on future earnings trends.