東ソー revised its current-year operating profit forecast upward, changing it from the previous forecast of ¥105 billion to ¥109 billion. The upward revision was 3.8%, and profit in the second half is expected to increase.
東ソー announced its earnings during the afternoon session on 5 November, reporting consolidated operating profit of ¥49.3 billion for April–September, up 10.4% year on year.
Full-year operating profit was revised upward by 3.8%, changing from the previous forecast of ¥105 billion to ¥109 billion. The previous-year result was ¥95.5 billion.
Based on actual results for the first half and the plan for the second half, consolidated operating profit for October–March is estimated at ¥59.6 billion, up 17.4% year on year. Meanwhile, operating profit for the latest three-month period, July–September, was ¥18.2 billion, down 36.5% year on year, and the operating profit margin declined from 11.3% to 6.0%.
The revised forecast for the current fiscal year comprises revenue of ¥1.2 trillion, ordinary profit of ¥107 billion, net profit of ¥59 billion, and revised EPS of ¥191.6.