Yamazen's consolidated ordinary profit for the first half rose approximately 72.5% year on year to ¥9.34 billion, while ordinary profit for the latest July-September quarter rose approximately 70.6% year on year to ¥6.18 billion.
Yamazen released its results during the afternoon session on 11 November. Consolidated ordinary profit for the cumulative second quarter (April-September) was ¥9.34 billion, up 72.5% year on year. The full-year plan was left unchanged at ¥18.7 billion, and progress reached 49.9%, above the five-year average of 44.3%.
Ordinary profit for the latest 3-month period, July-September, was ¥6.18 billion, up 70.6% year on year. The operating margin improved to 3.7% from 2.5% in the same period of the previous year.
Compared with the previous forecast, first-half revenue was ¥307,583 million, operating profit was ¥8,904 million, ordinary profit was ¥9,340 million and net profit was ¥6,301 million. Revised earnings per share were ¥71.9. Differences from the previous forecast were small, with revision rates generally remaining in the 0% range.
For the second half of the current fiscal year, October-March revenue is forecast at ¥282,041 million, operating profit at ¥6,933 million, ordinary profit at ¥7,597 million and net profit at ¥5,148 million. Revised earnings per share for the current fiscal year were set at ¥60.4. The full-year forecast remains unchanged, with overall growth and profit levels expected to be maintained.