Tera Technology,Inc. announced its first-half financial results after the market close on 12 November. Consolidated ordinary income for the April–September period was ¥190 million, down 27.9% year on year, representing progress of only 33.7% against the full-year plan.
Tera Technology,Inc. announced that consolidated ordinary income for the April–September period was ¥190 million, down 27.9% year on year. According to Kabutan News, cumulative first-half results represented progress of only 33.7% against the full-year plan. Against this backdrop, the company presented an outlook based on its first-half results and unchanged full-year plan.
For the second half, the company estimates that consolidated ordinary income for the October–March period will increase to ¥390 million, assuming growth of approximately 35.3% year on year. Attention will focus on how this aligns with the second-half plan.
The article states that it was prepared based on numerical data released by the company and encourages investors to check the financial results summary when making investment decisions.