Namura Shipbuilding raised its current-year ordinary-income forecast to the previous forecast of ¥32.0 billion and increased its annual dividend to ¥70. Cumulative second-quarter results increased substantially year on year based on the earnings summary.
Namura Shipbuilding announced its earnings after the close on 9 November, reporting consolidated ordinary income of ¥15.9 billion for the cumulative second quarter of the fiscal year ending March 2027, up 40.5% year on year. It also disclosed figures for revenue, operating income and net income. Business performance is therefore viewed as remaining solid. The estimate for the second half was approximately ¥16.0 billion. Ordinary income for the July–September quarter was ¥5.5 billion, and the operating margin improved to 16.0%.
In its earnings forecast revision, the company raised its full-year ordinary-income forecast from the previous ¥30.0 billion to ¥32.0 billion, increasing the projected earnings growth rate from the previous forecast. Its full-year net income outlook was also revised upward, with an improvement in earnings levels expected. The figures for revised earnings per share (EPS) and the dividend outlook were also updated in the materials.