SE Holdings and Incubations raised its full-year operating profit forecast, citing a substantial upside in investment management business revenue. The first-half earnings outlook was also raised, and the share price reacted.
ＳＥＨ＆Ｉ announced that it would raise its consolidated operating profit forecast for the fiscal year ending March 2027 from ¥850 million to ¥1.10 billion. Investment management business revenue is expected to substantially exceed the previous forecast, and the first-half profit outlook was also revised upward.
First-half operating profit for April to September is now forecast at ¥750 million, up from the previous forecast of ¥420 million, representing an increase of approximately 93.8% year on year. The increase in the full-year forecast is smaller than that for the first half, with second-half operating profit calculated to decline from the previous assumption of ¥430 million to ¥350 million.
In the stock market, the share price on the 19th rose ¥12 from the previous weekend to ¥511. Information provided by Wealth Advisor.