SE Holdings and Incubations raised its ordinary profit forecast for the current fiscal year from the previous forecast after the close on 19 October, with full-year profit expected to rise approximately 25% year on year. The first-half ordinary profit forecast was also substantially revised upward.
The company announced an earnings revision after the close on 19 October, raising its ordinary profit forecast for the current fiscal year from the previous forecast of ¥730 million to ¥1 billion. As a result, full-year profit is expected to rise approximately 25% year on year.
At the same time, consolidated ordinary profit for the April–September period, or first half, was substantially revised upward from the previous forecast of ¥360 million to ¥760 million, compared with ¥300 million in the year-earlier period. The profit growth rate expanded from 17.6% to 2.5 times, and first-half profit is expected to reach a record high.