Nihon Process's consolidated ordinary profit for the June–August period (1Q) ended at ¥380 million, up approximately 9.9% year on year. Revenue was ¥2.989 billion, operating profit was ¥382 million, ordinary profit was ¥389 million and net profit was ¥285 million, representing 47.4% progress against the first-half plan of ¥820 million.
Nihon Process announced its earnings after the close on 30 September, reporting consolidated ordinary profit of ¥380 million for the June–August period (1Q), up approximately 9.9% year on year. Progress against the first-half plan of ¥820 million was 47.4%, roughly in line with the five-year average of 48.5%.
For the same period, revenue was ¥2,989 million, operating profit was ¥382 million, ordinary profit was ¥389 million and net profit was ¥285 million. Adjusted EPS, the basis for shareholder returns, was ¥31.1.
The current first-half outlook implies progress of around 47.0% from the previous fiscal year's results, with changes expected depending on future cost improvements and demand trends.
The latest three-month revenue and earnings performance for the June–August period was revenue of ¥2,989 million, operating profit of ¥382 million, ordinary profit of ¥389 million, net profit of ¥285 million and adjusted EPS of ¥31.1.