ITFOR disclosed its first-half results. Consolidated ordinary profit for April–September was ¥1.35 billion, up 7.7% year on year, while progress against the full-year plan was 27.6%, below the five-year average of 45.0%.
ITFOR announced its results after the close on 12 November, reporting consolidated ordinary profit of ¥1.35 billion for April–September, up 7.7% year on year.
The full-year plan was left unchanged. Progress against the plan was just 27.6%, also below the five-year average of 45.0%.
The company's estimate for consolidated ordinary profit in October–March is ¥3.55 billion, up 26.8% year on year.
For the most recent three months, July–September, consolidated ordinary profit was ¥840 million, up 10.4% year on year, while operating margin improved from 14.5% to 15.9%.