日本伸銅 announced its earnings after the close on 13 November. Ordinary profit for the six months ended September was ¥990 million, 2.3 times the same period a year earlier, and the full-year forecast was raised from ¥1.5 billion to ¥1.9 billion.
日本伸銅 released its earnings after the close, reporting ordinary profit of ¥990 million for the six months ended September in the fiscal year ending March 2027, a sharp increase to 2.3 times the same period a year earlier.
At the same time, it raised its full-year ordinary profit forecast from the previous ¥1.5 billion to ¥1.9 billion. The projected growth rate increased from 45.9% to 84.8%, and the company is expected to post a record high for the first time in 4 fiscal years.
Based on first-half results and the second-half plan, ordinary profit for October-March is estimated at ¥900 million, which is expected to be approximately 52.4% higher than in the same period a year earlier.
For the latest three months, ordinary profit for July-September was ¥500 million, 7.6 times the same period a year earlier, while the operating margin improved from 6.1% to 8.1%.