On 30 October, タカギセイコー announced revisions to its first-half and full-year forecasts for the current fiscal year. First-half ordinary profit was sharply revised upward from the previous forecast of ¥560 million to ¥910 million and is now expected to increase from the same period a year earlier. Full-year ordinary profit was also raised to ¥2,040 million, with the company forecasting a narrower decline in profit.
タカギセイコー revised its forecast for consolidated ordinary profit for the first half of the current fiscal year (April-September) upward from ¥560 million to ¥910 million, which is expected to represent a substantial improvement from ¥630 million in the same period a year earlier. Net sales are newly forecast at ¥20,470 million, operating profit at ¥940 million, and interim net income attributable to owners of the parent at ¥290 million.
The full-year forecast was also revised, with net sales projected at ¥41,970 million, operating profit at ¥1,990 million, ordinary profit at ¥2,040 million, and net income attributable to owners of the parent at ¥910 million. Each figure is expected to be revised upward from the previous forecast. Although lower profit in the second half will have an impact, full-year profit is expected to improve.