MITSUI HIGH-TEC revised its earnings forecast for the fiscal year ending January 2027 upward for the second time. Operating profit was raised from the previous forecast of ¥14.5 billion to ¥19.5 billion, while revenue is also expected to exceed the previous forecast on firm demand and foreign exchange effects.
MITSUI HIGH-TEC announced its second revision to its earnings forecast for the fiscal year ending January 2027. Operating profit was raised to ¥19.5 billion from the previous forecast of ¥14.5 billion.
The company expects revenue to exceed its previous forecast, as sales have remained strong, supported by robust demand, with foreign exchange effects and other factors also contributing.
This upward revision is the second revision of the forecast for the current fiscal year, and further announcements and updates to the outlook are expected to be reported.