イノテック raised its current-period ordinary profit forecast from the previous ¥4 billion to ¥4.9 billion, updating its record-profit forecast. It will also increase the dividend to ¥170.
イノテック announced its earnings after the close of trading on 10 November. Cumulative ordinary profit for the second quarter of the fiscal year ending March 2027 surged to ¥2.76 billion, 3.7 times the year-earlier level. Full-year ordinary profit was revised upward from the previous forecast of ¥4 billion to ¥4.9 billion, expanding the projected growth rate from 37.4% to 68.3%.
In the latest three-month period, July-September ordinary profit increased to ¥1.05 billion, 3.0 times the year-earlier level, while the operating margin on revenue improved from 7.4% to 9.1%. Second-half ordinary profit for the current period is estimated at ¥2.13 billion, down 1.2% year on year.
Following the strong performance, the annual dividend for the current period was substantially revised upward from the previous plan of ¥130 to ¥170. The dividend for the previous period was ¥125, and the increase will be reflected in the current period.