Yokogawa Electric raised its full-year operating profit forecast, but first-half profit declined 8% year on year, falling below the market consensus.
Yokogawa Electric announced that it had raised its full-year operating profit forecast. This indicated that full-year earnings were still expected to remain below market expectations.
Meanwhile, first-half operating profit was reportedly down approximately 8% year on year, resulting in a decline in earnings compared with the outlook at the start of the fiscal year. Attention is focused not only on the market but also on the details of the earnings disclosure.
The news was reported as DZH individual stock information, with market developments including Yokogawa Electric's sharp decline among the points of focus. How information on further progress in the company's results will emerge is expected to be a key focus.