日本モーゲージサービス reported consolidated ordinary profit of ¥910 million for the first half (April–September), up 20.2% year on year, finishing above its previous forecast. Progress against the full-year plan was 67.6%, while ordinary profit in the second half is expected to decline significantly year on year.
日本モーゲージサービス reported consolidated ordinary profit of ¥910 million for the cumulative second quarter from April to September 2024, up 20.2% year on year. Revenue was ¥375.5 billion and adjusted earnings per share was ¥41.4. This marked a shift from the previous forecast for lower profit to an increase, with revenue and each profit measure improving at the same time.
Progress against the full-year plan reached 67.6%, exceeding the five-year average of 51.6%. Based on the earnings summary, ordinary profit in the second half of the current fiscal year is expected to decline 48.0% year on year to ¥430 million, indicating a downside factor in the overall earnings structure.
For the latest three months, consolidated ordinary profit for July–September rose 8.4% year on year to ¥450 million, while the operating margin on revenue edged up from 21.6% to 21.7%. The full-year forecast was reviewed based on these figures.