日進工具 announced its results after the market close on 30 October, reporting consolidated ordinary profit of ¥1.4 billion for the second quarter of the fiscal year ending March 2027, up 79.4% year on year, and raising its full-year ordinary profit forecast by 55.1% to ¥1.83 billion. The company projects ordinary profit of ¥420 million for the second half.
In its results announcement after the market close on 30 October, 日進工具 reported consolidated ordinary profit of ¥1.4 billion for the cumulative second quarter of the fiscal year ending March 2027, up 79.4% year on year. This exceeded the previous forecast of ¥1.01 billion.
At the same time, the company raised its full-year ordinary profit forecast to ¥1.83 billion from the previous forecast of ¥1.18 billion, compared with ¥2.01 billion in the previous fiscal year. The projected decline in profit narrowed from 41.3% to 9.0%.
Based on first-half results and the full-year forecast, consolidated ordinary profit for the second half is expected to be ¥420 million, representing a substantial decline from the same period of the previous year. In the July–September quarter, consolidated ordinary profit was ¥660 million, up 72.9% year on year, while the operating profit margin rose from 16.0% to 22.5%.