DAIICHIKOSHO revised its first-half ordinary profit forecast upward from the previous forecast and also raised its full-year profit forecast. First-quarter ordinary profit increased year on year.
On 6 August, DAIICHIKOSHO announced its financial results. Ordinary profit for April-June increased from the previous fiscal year, and the company revised its first-half ordinary profit forecast upward from ¥9.0 billion to ¥9.8 billion. As a result, first-half profit growth is expected to expand from 4.6% to 13.9%.
The full-year ordinary profit forecast was also revised upward, from ¥18.9 billion to ¥19.7 billion, with profit growth expected to expand from 3.5% to 7.9%. Strong first-half performance was cited as the reason.
In the most recent three-month period, the operating margin on sales for April-June improved to 12.1% from 10.5% a year earlier.
The earnings summary includes items suggesting that the company may have room to revise its full-year earnings forecast going forward, but the text contains no additional figures or new information on the period covered.