After the market close, IDEC and Yamato International disclosed revisions to their full-year earnings forecasts. IDEC, whose fiscal year ends in March, substantially raised its forecast for net income, while Yamato International substantially lowered its operating profit forecast for the fiscal year ending August.
After the market close, IDEC and Yamato International disclosed revisions to their full-year earnings forecasts through the information provider Traders Web. The previous and revised financial figures were disclosed side by side, along with the market segments and codes.
IDEC's fiscal year ends in March, and its net income forecast was raised from ¥6,000 million to ¥8,600 million. The revision represents a 43% change.
Yamato International substantially revised its operating profit for the fiscal year ending August from the previous forecast, with the revised figure representing a significant negative change from the previous figure.