The company announced a revision to its earnings forecast for the fiscal year ending September 2026, raising its operating profit forecast from ¥2.8 billion to ¥2.9 billion. Promotional initiatives targeting the SME segment proved effective, driving progress in merchant acquisition, while initial revenue substantially exceeded the original forecast.
GMO-FG revised its earnings forecast for the fiscal year ending September 2026, raising its operating profit forecast from ¥2.8 billion to ¥2.9 billion. The upward revision to profit was reported as LU's latest disclosure.
Regarding revenue in the segment, promotional initiatives targeting SMEs, or small and medium-sized merchants, reportedly proved effective, with merchant acquisition progressing.
Overall earnings contribution, including the expansion of the recurring revenue structure, is reportedly expected to be positive. It was also reported that initial revenue substantially exceeded the original forecast.
This article is presented as information from FISCO, as reported by Yahoo! Finance.