Drecom raised its ordinary profit forecast for the current fiscal year by 28% and moved into the black with cumulative profit of ¥590 million for April-September. In its earnings announcement after the market close, the company indicated that it was expected to swing to profitability, after posting a loss in the previous fiscal year.
Drecom announced its earnings after the market close on 29 October and raised its ordinary profit forecast for the current fiscal year by 28%. The company indicated that cumulative ordinary profit for April-September would turn positive.
For the second quarter cumulative period of the fiscal year ending March 2027 (April-September), consolidated ordinary profit was ¥590 million, compared with a ¥610 million loss in the same period of the previous year.