日阪製作所 announced its earnings during the afternoon session on 13 November. It revised its full-year net income forecast upward from the previous forecast, turning to an outlook for 1.5% profit growth.
日阪製作所 reported consolidated net income of ¥1.35 billion for the cumulative second quarter of the fiscal year ending March 2027 (April-September), down 4.7% year on year.
However, it substantially revised its full-year net income forecast upward, from the previous forecast of ¥2.41 billion to ¥3.5 billion. This represented an upward revision of approximately 45.2% from the previous fiscal year's ¥3.44 billion, resulting in an outlook for 1.5% profit growth.
Based on the company's first-half results and full-year forecast, consolidated net income for the second half is expected to be ¥2.14 billion, which calculates to a 5.8% year-on-year increase. In the latest 3-month period, profit for July-September was ¥500 million, down 40.5% year on year, and the operating margin on sales deteriorated from 9.9% to 7.8%.