ダイトーケミックス raised its current fiscal-year ordinary profit forecast from the previous estimate on 29 October. The forecast was raised to ¥720 million for the six months through the second quarter and ¥1.4 billion for the full year, expanding the projected increase in profit.
ダイトーケミックス reported consolidated ordinary profit of ¥720 million for the six months through the second quarter (April-September), up 73.5% year on year and above the previous forecast of ¥600 million. Revenue increased from ¥9,296 million to ¥9,562 million.
The full-year ordinary profit forecast was revised upward from ¥1.15 billion to ¥1.4 billion, with the projected growth rate expanding from 28.6% to 56.6%. The calculation reflects the company's reported first-half results and full-year plan.
Based on the second-half outlook, ordinary profit for the October-March period is calculated at ¥670 million, up 41.7% year on year. This is expected to make the full-year earnings growth more pronounced.
In the most recent three-month period, ordinary profit for July-September expanded sharply to ¥290 million, 2.9 times the previous year's level, while the operating margin improved from 2.4% to 4.5%.