KOATSU GAS KOGYO raised its current-year ordinary profit forecast above the previous forecast and further increased its record-profit forecast. It released its cumulative second-quarter results and second-half plan.
KOATSU GAS KOGYO released its earnings after the market close on 13 November. Consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2027 (April-September) increased 23.8% year on year to ¥4.08 billion. Revenue was ¥47,517 million, operating profit was ¥2,737 million and net profit was ¥2,017 million.
The full-year ordinary profit forecast was raised from the previous ¥7.0 billion to ¥8.3 billion, increasing the growth rate from 0.7% to 19.4%. This further increased the forecast for a record-high profit for the second consecutive fiscal year.
For the second-half outlook, consolidated ordinary profit for the October-March period is estimated to increase 15.4% year on year to ¥4.21 billion. Ordinary profit for the July-September quarter, the latest 3-month period, increased 12.2% year on year to ¥1.67 billion, while the operating profit margin on revenue improved from 5.1% to 6.7%.
The results above are figures based on the earnings report PDF. Future earnings trends will be monitored together with the disclosed second-half plan.