Soto is now expected to turn a previously undisclosed ordinary profit for the current fiscal year into positive territory and released its first-half results and revised forecast for the current fiscal year. According to the earnings report, ordinary profit showed signs of turning positive in the first half, while the revised forecast calls for higher revenue and an improvement in net profit.
For Soto's cumulative second-quarter results (24.04-09), revenue was ¥5,553 million, operating profit was ¥149 million, ordinary profit was ¥219 million and net profit was ¥391 million. Compared with the same period a year earlier, revenue increased and ordinary profit remained positive.
In the revision to the current fiscal year's forecasts, a new full-year forecast was presented for the fiscal year ending March 2027. No information was provided on the previous forecast. The new forecast calls for revenue of ¥11,400 million, ordinary profit of ¥160 million, net profit of ¥320 million and revised earnings per share of ¥26.26.
Based on the currently disclosed figures, the second-half forecast calls for revenue of ¥11,400 million, ordinary profit of ¥160 million and net profit of ¥320 million. Revised earnings per share is expected to be ¥26.26, and the dividend is expected to be revised to ¥40.