日本精密's consolidated ordinary profit for the first half (April–September) fell 21.5% year on year to ¥120 million, representing 55.2% progress against the full-year plan. The company also released results for the most recent three quarters and its outlook for the second half.
日本精密, which announced its results on 13 November, reported consolidated ordinary profit of ¥120 million for the first half (April–September). This was down 21.5% year on year, with profit declining despite higher revenue. Progress against the full-year plan reached 55.2%.
For the second-half outlook, the company expects consolidated ordinary profit for October–March to be approximately ¥100 million, down 71.9% year on year. This could make achieving the full-year plan difficult.
For the most recent three months, consolidated ordinary profit and loss for July–September was a ¥160 million loss, and the operating margin deteriorated from 5.7% in the same period last year to -0.3%. This information was reported by Kabutan News.