Rasa Corporation raised its consolidated earnings forecast for the fiscal year ending March 2027, increasing its revenue forecast from ¥28.5 billion to ¥29.5 billion, its operating profit forecast to ¥2.65 billion and its net profit forecast to ¥2.1 billion. The company expects full-year results to be boosted by first-half performance and its outlook for the second half.
Rasa Corporation raised its consolidated earnings forecast for the fiscal year ending March 2027. The new forecasts are ¥29.5 billion in revenue, ¥2.65 billion in operating profit and ¥2.1 billion in net profit.
The revenue forecast was raised from ¥28.5 billion to ¥29.5 billion, while the operating profit forecast was raised from ¥2.5 billion to ¥2.65 billion and the net profit forecast from ¥2 billion to ¥2.1 billion. Compared with the previous fiscal year, revenue is expected to increase, while the decline in profit is expected to narrow.
The company said the impact of the situation in the Middle East during the first half was less severe than anticipated. Strong parts sales and maintenance in its industrial machinery and construction machinery-related businesses, the acquisition of a large recycling equipment construction project and increased demand in its chemical products-related business also helped boost revenue and profit. Similar strength is expected in the second half.