intra-mart upwardly revised its ordinary profit forecast for the current fiscal year from the previous ¥1.48 billion to ¥1.65 billion. It also raised its second-half outlook and indicated that no change to the year-end dividend forecast was expected.
intra-mart upwardly revised its consolidated ordinary profit forecast for the current fiscal year by 11.0%, from the previous ¥1.48 billion to ¥1.65 billion, in an announcement dated [month and day]. The planned increase in profit year on year was expanded, adding further to the forecast for record profit.
Based on the revised full-year plan, forecast second-half consolidated ordinary profit was also raised from the previous ¥640 million to ¥810 million. Ordinary profit in the year-earlier period was ¥710 million. The company's planned increase in profit is therefore expected to expand.
The company cited growth in software licensing sales and cloud services, as well as expected steady progress on large, long-term projects in its services business, as reasons for the revision. It also said it expects to record an extraordinary gain from the sale of shares, resulting in net profit attributable to owners of the parent exceeding the previous forecast. The year-end dividend forecast remains unchanged.