日本コンクリート工業's first-half ordinary profit rose 58.3% year on year to ¥1,110 million, coming in above the previous forecast of ¥900 million. The full-year plan is ¥2,400 million, with progress at 46.6%, and some view the result as suggesting a potential shortfall.
日本コンクリート工業's ordinary profit for the first half (April–September) came in at ¥1,110 million, above the previous forecast of ¥900 million, which had assumed a 58.3% year-on-year increase.
The full-year plan is estimated at ¥2,400 million, with progress for the current fiscal year at only 46.6%, below the three-year average of 69.7%.
Actual consolidated ordinary profit for July–September (2Q) was ¥300 million, down 21.8% year on year, while the operating margin on sales deteriorated from 2.0% in the same period of the previous year to 1.6%.
For the outlook for the second half of the current fiscal year, consolidated ordinary profit for October–March is assumed to be ¥1,280 million, or 2.2 times the year-earlier level.