アイビー化粧品 revised its first-half ordinary profit upward from its previous forecast and also raised its full-year outlook. First-half ordinary profit was reportedly revised upward from the previous forecast of ¥150 million to ¥210 million, while the full-year forecast was raised from ¥330 million to ¥390 million.
アイビー化粧品 announced an earnings revision after the market close on 8 October. Under the revision, first-half (April-September) ordinary profit was revised upward from the previous forecast of ¥150 million to ¥210 million, compared with ¥200 million in the same period last year. As a result, the first-half profit outlook shifted to an increase in profit.
The full-year outlook was also revised, with ordinary profit raised from the previous forecast of ¥330 million to ¥390 million. The previous-year result was ¥190 million, and the profit growth rate is expected to expand substantially, according to the report.
The revision was reported as an overall adjustment reflecting strong first-half performance. The company has urged investors to check its earnings summary, and further disclosure may be issued depending on future market conditions, according to the report.