Nagoya Electric Works revised upward its forecast for cumulative ordinary income/loss for the second quarter of the fiscal year ending March 2027, narrowing the projected loss, in an earnings revision announced after the market close on 16 October. The full-year ordinary profit forecast was left unchanged.
Nagoya Electric Works announced an earnings revision after the market close on 16 October. Consolidated ordinary income/loss for the cumulative second quarter of the fiscal year ending March 2027 (April-September) was revised upward, with the forecast changed from a ¥750 million loss to a ¥430 million loss. The same period of the previous year recorded a ¥10 million profit.
The full-year ordinary profit forecast remains unchanged at a ¥710 million loss.
The article includes a notice advising investors to review the earnings report when making investment decisions, and was prepared based on numerical data disclosed by the company.