テクノホライゾン raised its ordinary profit forecast for the current period and expects a 2% increase in profit, reaching a record high. Cumulative second-quarter ordinary profit was ¥1,620 million and net income was ¥1,204 million, both above the year-earlier levels.
According to the preliminary earnings report, テクノホライゾン raised its ordinary profit forecast for the current period from the previous forecast to ¥2,950 million. The full-year net income forecast was also raised to ¥1,900 million, and revised net income per share is expected to be ¥140.98.
Actual results for the cumulative second quarter were net sales of ¥31,090 million, operating income of ¥1,695 million, ordinary profit of ¥1,620 million and net income of ¥1,204 million, representing substantial improvement from the year-earlier period.