ShinMaywa Industries announced its results after the close of trading on 30 October. Consolidated ordinary profit for the cumulative second quarter (April-September) was ¥6.49 billion, up 62.5% year on year, and the full-year forecast was revised upward by 3.2% to ¥16 billion. For the second half, consolidated ordinary profit for October-March is expected to be ¥9.5 billion, with the decline from the previous fiscal year expected to narrow.
ShinMaywa Industries announced its results on 30 October. Consolidated ordinary profit for the cumulative second quarter (April-September) of the fiscal year ending March 2027 was ¥6.49 billion, up 62.5% year on year.
The full-year ordinary profit forecast was revised upward from the previous forecast of ¥15.5 billion to ¥16 billion. The previous fiscal year's result was ¥16.3 billion, and the decline is expected to narrow from 5.0% to 2.0%.
For the most recent three months (July-September), ordinary profit was ¥3.76 billion, up 50.4% year on year, while the operating profit margin improved from 4.8% to 6.1%. In addition, ordinary profit for the October-March period is estimated at ¥9.5 billion in the second-half outlook.