日本車輌製造 announced that it had raised its current-year ordinary profit forecast to ¥13,400 million from its previous forecast and was aiming for a record profit. Sales are expected to be ¥113,000 million, operating profit ¥12,700 million and net profit ¥9,600 million.
日本車輌製造, also known as 日車両, revised its current-year earnings forecast, setting ordinary profit at ¥13,400 million. Accordingly, sales are expected to be ¥113,000 million, operating profit ¥12,700 million and net profit ¥9,600 million.
The new revision represents an upward change of approximately ¥4,100 million in ordinary profit from the previous forecast. Revised earnings per share were set at ¥665.33 and the dividend per share at ¥50. The ordinary profit revision rate was 44.1%, while other indicators were also raised substantially.
The current-year revision was based on cumulative second-quarter results. Results through the first half were sales of ¥47,960 million, ordinary profit of ¥5,769 million and net profit of ¥5,500 million.
The current-year outlook exceeds the previous plan, and the company disclosed it while monitoring progress in the second half.