ヨシコン announced its results after the market close on 30 October. Consolidated ordinary income for July–September (2Q) was ¥2.02 billion, up 12.7% year on year, while the operating margin improved to 22.4%.
ヨシコン released its consolidated results for July–September (2Q), reporting ordinary income of ¥2.02 billion, up 12.7% year on year. Although 2Q performance improved on a most-recent-three-months basis, the operating margin rose sharply, while progress against the initial full-year plan remained at 37.9%.
Based on first-half results and its unchanged full-year plan, the company estimates second-half consolidated ordinary income at ¥2.67 billion, implying growth of approximately 17.6% year on year.
For the most recent six months, the operating margin for July–September improved from 16.5% a year earlier to 22.4%, above the five-year average of 33.3%.
Based on results for July–September, progress against the full-year plan still leaves room to achieve the initial plan. Attention is therefore focused on developments in future quarterly reports.