AZ-COM Maruwa Holdings announced a downward revision to its ordinary profit forecast for the current fiscal year, with profit expected to decline by approximately 12%. The disclosure was made together with the results for the cumulative second quarter.
Results for the cumulative second quarter were disclosed: revenue was ¥101,440 million, operating profit was ¥4,326 million, ordinary profit was ¥4,609 million and net profit was ¥2,845 million. Compared with the same period a year earlier, revenue increased, while ordinary profit and net profit declined.
The earnings forecast for the current fiscal year was revised, with revised revenue of ¥250,000 million, revised ordinary profit of ¥11,000 million and revised net profit of ¥6,600 million. Revision rates were negative for each indicator, while the dividend per share remained unchanged at ¥16.
The company also disclosed its earnings forecast for the second half, reflecting a downward revision from the previous forecast for the current fiscal year's overall earnings.
The article does not discuss the market reaction or future outlook, so subsequent reports will need to be consulted.