After the market closed on the 2nd, 油研工業 revised upward its operating profit forecast for the first six months of the fiscal year ending March 2027. Consolidated operating profit for the first six months was ¥940 million, exceeding the previous forecast of ¥800 million. The revision is reportedly attributed to increased demand in India, a recovery in the Chinese market and the incorporation of a weaker yen.
油研工業 revised upward its earnings forecast for the first six months of the fiscal year ending March 2027 after the market closed on the 2nd.
Consolidated operating profit for the first six months was ¥940 million, up 6.5% year on year. The company had previously planned for ¥800 million.
The upward revision was attributed to increased demand in India, a recovery in the Chinese market and the incorporation of a weaker yen.
However, the full-year earnings forecast itself remains unchanged.