太平製作所 raised its forecast for consolidated ordinary profit for the cumulative second quarter (April–September) of the current fiscal year from the previous forecast of ¥480 million to ¥640 million, indicating that profit is expected to increase year on year. The full-year ordinary profit forecast was left unchanged at the previous forecast of ¥650 million.
On 12 November, 太平製作所 raised its forecast for consolidated ordinary profit for the cumulative second quarter (April–September) of the current fiscal year from the previous forecast of ¥480 million to ¥640 million. Ordinary profit was ¥490 million in the same period of the previous year, and the revised forecast indicates year-on-year profit growth.
The revision was attributed to progress on high-margin projects in the woodworking machinery business exceeding expectations, as well as the success of cost-reduction efforts, including bringing some processes in-house.
The full-year forecast for the current fiscal year was left unchanged at the previous forecast of ¥650 million, and the outlook for results during the fiscal year is expected to remain on this course.