MORISHITA JINTAN CO.,LTD. revised its first-half ordinary profit forecast upward by 78.4%, from the previous forecast of ¥370 million to ¥660 million, and is expected to report a substantial increase in profit from the same period of the previous year. As a result, first-half profit is expected to reach a record high for the first time in 3 periods.
MORISHITA JINTAN CO.,LTD. announced an earnings revision after the close on 4 November, revising its ordinary profit forecast for the cumulative second quarter (April-September) of the fiscal year ending March 2027 upward from the previous forecast of ¥370 million to ¥660 million. Ordinary profit was ¥290 million in the same period of the previous year, with the profit growth rate expanding from 24.2% to 2.2 times.
Following this revision, first-half ordinary profit is expected to reach a record high. The full-year ordinary profit forecast was left unchanged at the previous forecast of ¥700 million.
The market reaction will need to be assessed based on future publicly disclosed materials, such as earnings summaries. This article was prepared based on numerical data released by the company.