中山製鋼所 raised its full-year net profit forecast from the previous ¥3.5 billion to ¥3.9 billion in its earnings release after market close on 7 August. It also reported first-quarter net profit of ¥1.91 billion, while revenue declined from the previous fiscal year.
中山製鋼所 released its earnings summary, reporting consolidated first-quarter net profit of ¥191 million for the fiscal year ending March 2027, covering April–June, up 76.7% year on year. It also raised its full-year net profit forecast by 11.4%, from the previous ¥3.5 billion to ¥3.9 billion. Net profit was ¥2.46 billion in the previous fiscal year. The first-half full-year outlook remains unchanged at the previous forecast of ¥2.4 billion. Revenue has been trending lower year on year over the past three quarters.
The revision to the current fiscal year's earnings forecast means that the net profit outlook has been raised. However, the profit outlook for the April–September period remains unchanged at the previous forecast of ¥2.4 billion.