Tokyo Kisen has revised its consolidated ordinary income/loss for the current fiscal year upward, turning it from a loss forecast to a profit, and also expects its first-half results to turn profitable.
Tokyo Kisen announced an earnings revision during the afternoon session on 10 November, raising its forecast for consolidated ordinary income/loss for the fiscal year ending March 2027 from a loss of ¥155 million to a profit of ¥40 million. Although the previous fiscal year was profitable, the current fiscal year is now expected to turn profitable.
At the same time, the company revised its consolidated ordinary income/loss forecast for the April–September period, or first half, upward from a loss of ¥175 million to a profit of ¥295 million. This represents an outlook for a return to profit exceeding the ¥184 million profit recorded in the same period of the previous year, with earnings growth of 60.3% expected.
The article was prepared based on numerical data released by the company and directs readers to the earnings report PDF for details.