Before the market opened on the 29th, Nojima raised its full-year earnings forecast. Against a backdrop of strong performance in seasonal appliances, led by air conditioners, it raised its full-year revenue forecast to approximately ¥1.06 trillion and its net income forecast to ¥54 billion.
Nojima raised its full-year earnings forecast alongside its first-half results announcement for April–September. The new revenue forecast is ¥1.0006 trillion, approximately ¥30 billion higher than the previous forecast, while the net income forecast is ¥54 billion, approximately ¥6 billion higher. The revision reflected solid performance in seasonal appliances, led by air conditioners, as well as solid performance in the carrier-store operations, product, and overseas businesses. First-half revenue and net income both finished higher year on year.
First-half revenue was ¥503.756 billion, up 8.9% year on year, while net income was ¥33.59 billion, up 72.9%. The full-year forecast was raised to reflect these factors, supporting investors’ buying appetite.