GIFT HOLDINGS raised its ordinary profit forecast for the current period by 4% and further increased its record profit forecast. Under the new outlook, ordinary profit is expected to be ¥4,970 million and net profit ¥3,020 million.
GIFT HOLDINGS raised its ordinary profit forecast for the current period from its previous outlook, with revised ordinary profit stated at ¥4,970 million. Net profit was also raised to ¥3,020 million, while EPS is expected to be ¥150.65, according to reports.
The earnings release revises current-period net sales to ¥43,900 million, operating profit to ¥5,000 million and net profit to ¥3,020 million. The dividend is expected to remain unchanged at ¥26 after the revision.
The revision is stated to reflect results through the third quarter and the sales plan for the remainder of the period. The outlook indicates that both ordinary profit and net profit will exceed the previous fiscal year's results.
Key points going forward include the likelihood of achieving the full-year results for the current period and the growth strategy for the following fiscal years. No specific investment view or forecast for share-price movements was provided.