Septeni Holdings raised its current-year net profit forecast by 14.3%, from the previous forecast of ¥5.25 billion to ¥6 billion. Cumulative net profit for the second quarter came to ¥4.08 billion, up 2.2 times year on year, putting the company on track to post a record profit for the first time in four fiscal years.
Septeni Holdings announced its financial results under IFRS on 6 August. Consolidated net profit for the six months ended June came to ¥4.08 billion, a substantial increase from the same period a year earlier. At the same time, the company raised its full-year net profit forecast from ¥5.25 billion to ¥6 billion.
Under the new full-year forecast, revised net profit is expected to increase approximately 71.9% from the previous fiscal year, up from the previous forecast of approximately 50.4% growth. Based on the second-half outlook, consolidated net profit for the July-December period is calculated at ¥1.91 billion, approximately 17.0% higher than in the same period a year earlier.
For the most recent three-month period, consolidated net profit for April-June surged to ¥1.43 billion, 4.3 times the year-earlier level, while the net profit margin improved from 6.7% to 7.8%. The full-year forecast was updated based on these figures.
The earnings summary report also includes tables of second-quarter metrics and historical comparisons in addition to the current-year full-year forecast, presenting results and progress under IFRS.