Tenox revised its current-year ordinary income forecast downward from the previous ¥1.3 billion to ¥970 million, while ordinary income fell into a loss on a cumulative first-half basis.
Tenox, which announced earnings in the afternoon session on 6 November, reported that consolidated ordinary income for the cumulative second quarter of the fiscal year ending March 2027 (April–September) was a ¥130 million loss, compared with a ¥440 million profit in the year-earlier period, marking a return to losses.
Full-year ordinary income was revised downward by 25.4% from the previous forecast of ¥1.3 billion to ¥970 million, with the expected decline in income widening to 27.1%.
Ordinary income for the latest 3-month period, July–September, was a ¥150 million loss, while the operating margin on sales deteriorated from 1.5% in the year-earlier period to -4.5%. Ordinary income for the second half, October–March, is calculated at ¥1.1 billion, up 24.1% year on year.
Under the current-year earnings forecast, net sales were revised downward from the previous forecast of ¥23,000 million, ordinary income from ¥1,300 million and net income from ¥1,000 million. The new figures are net sales of ¥21,500 million, ordinary income of ¥970 million and net income of ¥710 million.