明海グループ reported a sharp increase in ordinary profit to ¥3.4 billion for the first 2 quarters and raised its previous forecast. Full-year ordinary profit guidance was raised to ¥6.6 billion, with ¥3.19 billion expected in the second half.
明海グループ announced its results on 28 October, reporting consolidated ordinary profit of ¥3.4 billion for April-September 2027, up 9.5 times from the year-earlier period. The result exceeded the previous forecast of ¥2.7 billion.
At the same time, it raised its full-year ordinary profit forecast from ¥5 billion to ¥6.6 billion. The projected increase was revised from 4.2 times to 5.5 times.
Based on first-half results and the second-half plan, consolidated ordinary profit for the October-March period is expected to surge to ¥3.19 billion, 3.8 times the year-earlier level.
For the latest 3 months, ordinary profit in the July-September quarter moved into the black at ¥1.73 billion, while the operating margin on sales deteriorated to 2.7% from 5.6% in the year-earlier period.