NJS announced that consolidated ordinary profit for January-September, the cumulative first 3 quarters, rose 50.1% year on year to ¥4.53 billion. This represented 122.5% progress against the full-year plan and was also said to exceed the five-year average.
NJS announced its results in the afternoon session on 10 November, reporting consolidated ordinary profit of ¥4.53 billion for January-September, up 50.1% year on year. The full-year plan is ¥3.7 billion, representing progress of 122.5%.
Based on the results for the cumulative first 3 quarters and the unchanged full-year plan, the fourth-quarter outlook is calculated as a consolidated ordinary loss of ¥830 million. The year-earlier period is expected to have recorded a profit of ¥360 million.
In the latest three-month period, the third quarter, consolidated ordinary loss was ¥550 million, narrowing from the ¥940 million loss recorded in the year-earlier period. The operating profit margin on sales also reportedly improved sharply from -23.2% in the year-earlier period to -11.8%.