Chubu-Nippon Broadcasting cut its full-year operating profit forecast by 8.9%, while second-half profit is expected to decline 10% year on year. Second-quarter results were down 42% from the same period a year earlier.
Chubu-Nippon Broadcasting announced its results during the afternoon session on 12 November, reporting consolidated operating profit of ¥370 million for the six months ended in the second quarter of the fiscal year ending March 2027, down 42.1% year on year. It also cut its full-year operating profit forecast from ¥1.79 billion to ¥1.63 billion. The decline rate is expected to widen from 12.3% to 20.1%.
Based on first-half results and the full-year plan announced by the company, consolidated operating profit for October–March is estimated at ¥1.25 billion, down 10.0% year on year. July–September results were ¥140 million, down 42.4% year on year, while the operating margin on sales deteriorated from 3.0% to 1.8%.
In addition to first-half results and the revised full-year forecast, the earnings report also presented indicators including the revised dividend and revised earnings per share for the fiscal year. The revision to the full-year earnings forecast was relatively small for net sales compared with the previous forecast, while the full-year profit outlook was ultimately lowered.