Square Enix Holdings raised its ordinary profit forecast for the current fiscal year by 20.4%, increasing its full-year forecast to ¥59.0 billion. Ordinary profit for the cumulative second quarter came to ¥40.3 billion, up 41.3% year on year.
Square Enix Holdings announced its results after the close of trading on 11 November, reporting consolidated ordinary profit of ¥40.3 billion for Apr-Sep 2024, up 41.3% year on year.
The full-year ordinary profit forecast was revised upward from ¥49.0 billion to ¥59.0 billion, narrowing the expected decline from the previous year's ¥64.4 billion.
Based on first-half results and the second-half forecast, consolidated ordinary profit for the Oct-Mar period was estimated at ¥18.6 billion, down 48.0% year on year.
In the latest 3-month period, ordinary profit for Jul-Sep came to ¥21.5 billion, while the operating margin on sales improved from 24.5% to 25.7%.