タカギセイコー revised its consolidated ordinary profit forecast for the first half upward from its previous forecast, resulting in an increase from the same period of the previous year. It also raised its full-year forecast, and the projected decline in profit is expected to narrow.
After the market close on 30 October, タカギセイコー revised its ordinary profit forecast for the cumulative second quarter (April–September) upward from ¥560 million to ¥910 million, representing an expected increase of nearly 43% from ¥630 million in the same period of the previous year. This indicates that the earnings environment improved in the first half.
Against the backdrop of strong first-half performance, the company also revised its full-year consolidated ordinary profit forecast upward from ¥1,690 million to ¥2,040 million. Accordingly, the projected decline from the previous fiscal year's actual result of ¥2,380 million is expected to narrow from 29.1% to 14.4%.
The article was prepared based on the earnings summary and also refers to comparisons between タカギセイコー and similar stocks. Confirmation of the details in the official earnings summary is cited as additional information to be provided going forward.
The article cites reporting by Kabutan News as its information source.