SHOFU raised its full-year consolidated net income forecast from the previous ¥4.75 billion to ¥6.07 billion, indicating a 24.4% increase year on year and a record high. First-half net income was also raised to ¥3.94 billion, with a forecast 54.5% increase year on year.
During the afternoon session on 28 October, SHOFU raised its consolidated net income forecast for the fiscal year ending March 2027 from the previous ¥4.75 billion to ¥6.07 billion. Net income was ¥4.88 billion in the previous fiscal year, and the revised forecast represents a 24.4% increase.
At the same time, the company's consolidated first-half net income forecast for April-September was raised 54.5% from the previous ¥2.55 billion to ¥3.94 billion, substantially exceeding the ¥2.59 billion recorded in the same period of the previous year.
Following the revision, SHOFU is expected to set a record high for the seventh consecutive fiscal year.