セカンドリテイリング's ordinary income for the cumulative second quarter rose 50.6% year on year to ¥8.38 billion, prompting it to raise its full-year ordinary income forecast from ¥12.5 billion to ¥16.5 billion. The second-half outlook calls for a year-on-year decline.
セカンドリテイリング announced its financial results on 6 November. Consolidated ordinary income for the cumulative second quarter (April–September) was ¥8.38 billion, up 50.6% year on year. This confirmed the first-half results ahead of schedule.
The full-year earnings forecast was revised, with the previous forecast of ¥12.5 billion raised to ¥16.5 billion. The revision represented a 32.0% increase, while the previous fiscal year's result was ¥15.3 billion. The second-half plan calls for consolidated ordinary income of ¥8.11 billion, down 17.0% year on year.
Consolidated ordinary income for the latest three months, July–September, increased approximately 2.2 times year on year to ¥2.86 billion. The operating margin on net sales improved from 1.0% to 2.5%. Following these results, the current fiscal year's earnings forecasts were generally revised upward.
The results included changes to the outlook based on both results to date and the second-half plan. The full-year outcome is expected to draw attention as additional information is disclosed.