KANTO DENKA KOGYO raised its current-period ordinary profit forecast from the previous estimate of ¥11.3 billion to ¥14.5 billion. This is expected to result in a record profit for the first time in 4 periods, while the first-half forecast was also raised from ¥6.6 billion to ¥9.5 billion.
KANTO DENKA KOGYO raised its consolidated ordinary profit forecast for the fiscal year ending March 2027 from the previous estimate of ¥11.3 billion to ¥14.5 billion, with the year-on-year growth rate expected to increase substantially. The full-year results revision is also expected to result in a record profit for the first time in 4 periods.
The company also raised its consolidated ordinary profit forecast for the April-September period from the previous estimate of ¥6.6 billion to ¥9.5 billion. Profit is expected to increase substantially from ¥970 million in the same period of the previous year, raising the possibility that first-half record profit will be renewed for the first time in 4 periods.
The article was prepared based on publicly available company data and advises readers to refer to the earnings report when making investment decisions.