Shimadzu Corporation raised its ordinary profit forecast for the current fiscal year by 8.0% from its previous forecast, lifting the full-year forecast to ¥81.0 billion. Ordinary profit for the first quarter (April-June) rose 63.3% year on year to ¥18.4 billion.
Shimadzu Corporation announced its earnings on 6 August, raising its consolidated ordinary profit forecast for the current fiscal year by 8.0% from its previous forecast and setting it at ¥81.0 billion. Ordinary profit for the first quarter (April-June) was ¥18.4 billion, up 63.3% year on year.
At the same time, the company revised its full-year earnings forecast for the current fiscal year, raising ordinary profit to ¥81.0 billion. The forecast decline in ordinary profit has narrowed to 2.1%, from the previously projected 9.4% decrease.
In the most recent three-month period, the operating profit margin on April-June sales improved from 10.3% to 10.9%. As a result, sales and profit growth were relatively evident.
The earnings summary report presents cumulative first-quarter results and the revised forecast for the current fiscal year, and also discloses progress toward the full-year forecast.