TAKAMATSU MACHINERY CO.,LTD. raised its consolidated earnings outlook for the six months ended September, increasing its previous revenue forecast from ¥6.421 billion to ¥6.998 billion. The period, previously expected to end in a loss, is now expected to end in a profit.
After the close of trading last Friday, TAKAMATSU MACHINERY CO.,LTD. announced that it had raised its revenue outlook for the six months ended September from the previous ¥6.421 billion to ¥6.998 billion. The figures were presented as an upward revision while the results were still being compiled.
The earnings outlook for the same period is also expected to turn from a projected loss to a profit. The possibility of a profit is expected to be confirmed depending on the compilation results.
The announcement was made after the close of trading, and the market will need to wait for the official disclosure materials to be updated. Subsequent reports are expected to focus on the final revenue and profit figures, as well as changes in the financial position at the end of the period.