RISO KAGAKU raised its forecast for ordinary profit for the six months ended September, the cumulative second quarter (April-September), from ¥2.4 billion to ¥3.3 billion, projecting an increase from ¥2.81 billion in the same period of the previous year. The full-year ordinary profit forecast was maintained at ¥5.1 billion.
After the market close on 27 October, RISO KAGAKU revised its forecast for consolidated ordinary profit for the six months ended September, the cumulative second quarter (April-September), upward to ¥3.3 billion from the previous forecast of ¥2.4 billion. The figure was ¥2.81 billion in the same period of the previous year.
Following this revision, consolidated ordinary profit for the second quarter is expected to increase year on year, with growth projected at approximately 17.4%. The full-year ordinary profit forecast was maintained at the previous forecast of ¥5.1 billion.
The company published this revision based on numerical data disclosed by the company and advises investors to check the earnings summary when making investment decisions.