ニチコン raised its ordinary income forecast for the current fiscal year by 39%, with ordinary income for the cumulative second quarter reaching ¥7.44 billion. It also raised its full-year ordinary income forecast to ¥12.5 billion, forecasting ¥5.06 billion for the second half.
ニチコン announced its financial results after the market close on 6 November. Consolidated ordinary income for the cumulative second quarter of the fiscal year ending March 2027 (April–September) was ¥7.44 billion, 3.2 times the figure for the same period of the previous year. Net sales increased from the previous fiscal year, with second-quarter net sales of ¥84,507 million, operating income of ¥1,757 million and net income of ¥4,061 million.
The full-year ordinary income forecast was raised from the previous forecast of ¥9 billion to ¥12.5 billion. The expected increase was expanded from 8.1% under the previous forecast to 50.1%, and revised earnings per share are expected to be ¥74.6.
However, based on the latest first-half results, second-half ordinary income is expected to decline 15.3% year on year, to ¥5.06 billion. This is the calculation underlying the second-half plan announced on the basis of the second-quarter results.
First-half results improved significantly. Ordinary income for the latest three months, July–September, increased to ¥3.94 billion, and the profit margin on net sales improved.