新潟交通 revised its full-year ordinary profit forecast up from the previous ¥1.0 billion to ¥1.5 billion. Cumulative second-quarter profit was ¥1.18 billion, up 24.1% year on year, indicating an increase in the full-year plan and a revision to the second-half outlook.
新潟交通 announced its results during the afternoon session on 11 November. Consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2027 was ¥1.18 billion, up 24.1% year on year. At the same time, full-year ordinary profit was revised up 50.0%, from the previous forecast of ¥1.0 billion to ¥1.5 billion, with the expected decline in profit narrowing from 43.5% to 15.2%.
Based on first-half results and the full-year plan, consolidated ordinary profit for October–March, the second half, is expected to fall sharply to ¥310 million, down 61.7% year on year.
Consolidated ordinary profit for July–September, the latest three-month period, was ¥700 million, up 12.1% year on year, while the operating margin on sales improved from 14.2% to 15.3%.