Vital KSK (3151) cut its ordinary profit forecast for the current fiscal year by 46.0%, from the previous forecast of ¥5 billion to ¥2.7 billion. Ordinary profit for the six months through the second quarter was ¥1.13 billion, down 77.4% year on year.
Vital KSK Holdings, which announced its earnings after the close of trading on 9 November, cut its consolidated ordinary profit forecast for the current fiscal year by 46.0%, from the previous forecast of ¥5 billion to ¥2.7 billion.
Ordinary profit for the six months through the second quarter (April–September) fell 77.4% year on year to ¥1.13 billion, while trends in revenue and operating profit also indicated difficult conditions. Actual ordinary profit for the latest 3 months (July–September) fell 92.7% year on year to ¥290 million, and the operating margin deteriorated from 0.5% to -0.0%.
Compared with first-half results and the previous forecast, the full-year plan was sharply revised down from ¥5 billion to ¥2.7 billion, with the outlook for the second half revised based on updated assumptions.
The company's estimate for consolidated ordinary profit in the second half is expected to be ¥1.56 billion, down 43.8% year on year.