アイスコ cut its current-year ordinary profit forecast 47.1%. Ordinary profit for the cumulative second quarter (April-September) was ¥406 million, down 42.7% year on year. The likelihood of a loss in the second-half forecast has increased.
アイスコ announced its earnings after the close of trading on 13 November, reporting non-consolidated ordinary profit of ¥406 million for the cumulative second quarter (April-September) of the fiscal year ending March 2027. This was down 42.7% year on year.
The company cut its full-year ordinary profit forecast 47.1% from the previous forecast of ¥737 million to ¥390 million. The decline rate is expected to widen from a 6.8% decrease year on year to a 50.7% decrease.
Based on first-half results and the previous forecast, ordinary profit for the second half, the October-March period, is expected to be a loss of ¥16 million. The company posted a profit of ¥83 million in the same period of the previous year.
In the most recent quarter, ordinary profit for the July-September quarter fell 40.0% year on year to ¥264 million, while the operating margin on revenue deteriorated from 2.7% to 1.6%.