Rengo revised upward its earnings forecast for the interim period of the fiscal year ending March 2027, forecasting revenue of ¥554.1 billion, operating profit of ¥33.3 billion and ordinary profit of ¥34.2 billion. As a result, the company is expected to post a record-high first-half profit for the first time in 3 periods.
Rengo revised upward its earnings forecast for the interim period of the fiscal year ending March 2027, raising revenue from ¥545.0 billion to ¥554.1 billion, operating profit from ¥25.0 billion to ¥33.3 billion and ordinary profit from ¥24.0 billion to ¥34.2 billion.
Ordinary profit is expected to rise approximately 71.0% year on year, putting first-half profit on track to reach a record high for the first time in 3 periods. An accompanying commentary said the result was helped by price revisions for flexible packaging.