Nippon Thompson raised its ordinary profit forecast for the current fiscal year from its previous estimate, while maintaining its record-profit forecast and also increasing its dividend. Cumulative 2Q ordinary profit was ¥6.74 billion, up 3.8-fold year on year, and full-year ordinary profit guidance was raised to ¥13.3 billion.
Nippon Thompson’s consolidated ordinary profit for the second quarter cumulative period (April–September) expanded to ¥6.74 billion, up 3.8-fold year on year. It exceeded the previous forecast of ¥5.6 billion.
Full-year ordinary profit guidance was revised to ¥13.3 billion, up from the previous forecast of ¥11.7 billion. The increase in profit was expanded from 2.3-fold to 2.6-fold, adding further to the record-profit forecast, which would be the highest in four fiscal years.
Consolidated ordinary profit for the second half of the current fiscal year (October–March) is expected to expand to ¥6.55 billion, which calculates to an approximately 93.5% increase year on year.
In the latest three-month period, ordinary profit for July–September was ¥3.58 billion, and the operating profit margin on revenue improved sharply from 5.3% to 18.1%.
The annual dividend for the current fiscal year was revised upward from the previous plan of ¥32 to ¥37.5.