西菱電機 announced its results for the July-September period. Its consolidated net income for the first half ended with a wider loss, while the July-September period also turned to a loss. In contrast, the outlook for the second half has been revised to reflect an expected increase in profit.
西菱電機 announced its consolidated results for the six months ended September (April-September) on the afternoon of 6 November, reporting a consolidated net loss of ¥126 million for the first half. The loss was ¥6 million in the same period of the previous fiscal year, so the loss widened. The company's full-year plan remains unchanged.
The company estimates consolidated net income of ¥336 million for the second half (October-March), an expected increase of 34.4% from the same period of the previous fiscal year. This is a planned figure based on first-half results.
Consolidated net income for the most recent three-month period, July-September, turned to a loss of ¥6 million, while the operating margin on sales deteriorated from 1.7% to 1.1% from the same period of the previous fiscal year.