ジンジブ raised its forecast for current-period ordinary profit from the previous estimate of ¥306 million to ¥322 million. Consolidated ordinary income for the first quarter (April-June) moved into the black at ¥47 million, and the company transitioned to consolidated accounting for the current fiscal year.
ジンジブ announced its results after the market close on 12 August and raised its full-year consolidated ordinary profit forecast for the current fiscal year by 5.2%, from the previous forecast of ¥306 million to ¥322 million. The earnings summary is calculated on a consolidated basis.
In the most recent three-month period, the operating income margin on sales for April-June improved substantially, from -6.8% in the same period of the previous year to 4.8%. Ordinary profit also moved into positive territory during the period, while net income and earnings per share trended along with the figures shown in the table.
The company transitioned to consolidated accounting from the first quarter of the current fiscal year, and the basis for reporting on the earnings announcement date changed from standalone accounting to consolidated accounting. The upward revision was announced as a revision to the earnings forecast for the current fiscal year.