Mie Kotsu Group Holdings announced that it had raised its forecast for current-year ordinary profit by 6% from its previous forecast. The new outlook calls for ordinary profit of ¥920 billion and revenue of ¥11.3 trillion, up from the previous forecast of ¥870 billion.
Mie Kotsu Group Holdings announced in its earnings report that it had raised its current-year ordinary profit forecast by 6% from its previous forecast. The upward revision represents a revision to the current-year earnings outlook, with the new revenue forecast set at ¥11.3 trillion.
The previous forecast for current-year ordinary profit was ¥870 billion, while the new forecast is ¥920 billion. This represents an upward revision of approximately 5.7%. The announcement date is 26/11/05.
Compared with the company’s initial forecast for the current year, revenue increased from the previous forecast of ¥11.2 trillion to ¥11.3 trillion, with the revised figure showing a +5.0% revision. The article also refers to revisions to current-year net profit and per-share distributions, but the main point here is the upward revision to ordinary profit.