福山通運 announced its results after the market close on 11 November and raised its ordinary profit forecast for the current fiscal year by 10.9% from the previous forecast. Ordinary profit for the April–September period expanded 79.1% year on year to ¥7.99 billion.
福山通運 raised its initial full-year forecast for consolidated ordinary profit, revising its plan for the current fiscal year from the previous ¥13.7 billion to ¥15.2 billion. The increase in profit is expected to exceed the growth projected in the previous forecast.
According to the earnings report, based on calculations using the latest first-half results and the second-half plan, consolidated ordinary profit for the October–March period is expected to increase 2.8% year on year to ¥7.2 billion, supporting the full-year revision.
Ordinary profit for the cumulative second quarter (April–September) was ¥7.99 billion, an increase of 79.1% year on year. Although the text does not provide figures for revenue or operating profit, ordinary profit improved significantly.
The upward revision reflects a change from the previous assumptions, with full-year profit growth now expected to expand to 32.5% compared with the previous fiscal year.