ISHIHARA SANGYO KAISHA, LTD. revised its first-half ordinary profit forecast 6.3-fold upward, from the previous forecast of ¥600 million to ¥3.8 billion. The full-year outlook remains unchanged from the previous forecast.
According to the earnings report announced by ISHIHARA SANGYO KAISHA, LTD. in the afternoon session on 7 August, consolidated ordinary profit for the first quarter of the fiscal year ending March 2027 fell 33.1% year on year to ¥4.14 billion.
The company substantially raised its first-half earnings forecast from the previous forecast of ¥600 million to ¥3.8 billion. As ordinary profit was ¥8.5 billion in the same period of the previous year, the decline is expected to narrow.
Based on the revised outlook for the latest April–September period, the full-year ordinary profit forecast was maintained at the previous forecast of ¥13.3 billion. First-quarter revenue, meanwhile, has been trending down year on year.
For the April–June period, revenue was ¥37,595 million, operating profit was ¥1,786 million and ordinary profit was ¥4,136 million, indicating a recovery from the sharp decline recorded in the same period of the previous year.