RAIZNEXT announced consolidated ordinary profit of ¥6.58 billion for the first half after the market close on 13 November, down 17.9% year on year, with progress against its full-year plan at just 49.7%. Consolidated ordinary profit for the second half is expected to be ¥6.67 billion, while ordinary profit for the July-September period was ¥5.2 billion and the operating margin on sales fell to 11.0%.
RAIZNEXT released its earnings for the current fiscal year after the market close on 13 November (14:00). Consolidated ordinary profit for the first half (April-September) was ¥6.58 billion, down 17.9% year on year. Progress against the full-year plan of ¥13.2 billion was 49.7%, which was not above the market average.
For the most recent three months, July-September, consolidated ordinary profit was ¥5.2 billion, down 24.1% year on year. The operating margin on sales fell from 12.8% to 11.0%.
A note states that this article was prepared based on numerical data disclosed by the company and advises investors to review the relevant disclosure materials when making investment decisions.