Sportsfield released its earnings after the market close on 10 November. Ordinary profit for the cumulative third quarter from January to September was ¥850 million, up 22.0% year on year, while the July–September quarter returned to profitability.
Consolidated ordinary profit for the cumulative third quarter from January to September was ¥850 million, up 22.0% year on year. The full-year plan is ¥1.3 billion, representing a progress rate of 65.7%, below the four-year average of 79.0%.
Consolidated ordinary profit for the July–September quarter rose to ¥30 million, compared with an ordinary loss of ¥20 million in the same period a year earlier. The operating profit margin on sales improved to 2.2% from -3.7% in the same period a year earlier.
For the October–December quarter (4Q), consolidated ordinary profit is estimated at ¥440 million, up 16.8% year on year.
This article was prepared based on numerical data disclosed by the company, and readers are advised to verify the information before making investment decisions.