Moriroku raised its ordinary profit forecast for the current fiscal year from the previous forecast of ¥5.6 billion to ¥7.3 billion, an increase of 30.4%. First-half ordinary profit expanded to ¥5.22 billion, 3.3 times the year-earlier period.
Moriroku announced its earnings report, saying that consolidated ordinary profit for the first half of the fiscal year ending March 2027 was ¥5.22 billion, a sharp 3.3-fold increase from the year-earlier period. The result came in above the previous plan. Moriroku also raised its full-year ordinary profit forecast by 30.4%, from the previous forecast of ¥5.6 billion to ¥7.3 billion.
Taking the factors behind the upside into account, the forecast year-on-year increase in full-year profit is expected to expand from 40.2% to 82.8%, while the second-half outlook remains conservatively estimated. Ordinary profit for October–March is estimated at ¥2.07 billion, down 13.0% year on year.
Ordinary profit for July–September, the latest three-month period, expanded to ¥2.92 billion, 4.2 times the year-earlier period, while the operating margin on net sales improved from 2.3% to 6.2%. The earnings announcement date and basis are consolidated financial results, and the difference between first-half results and the previous forecast will be a factor affecting future trends.