QPS Holdings substantially raised its ordinary profit forecast for the current fiscal year from ¥2 billion to ¥3.2 billion. First-quarter results also turned profitable, and the company added to its record-profit forecast.
QPS Holdings announced its results after the close on 14 October. Consolidated ordinary profit for the first quarter of the fiscal year ending May 2027 was ¥530 million, compared with a non-consolidated loss in the same quarter of the previous year.
The full-year ordinary profit forecast was raised from ¥2 billion to ¥3.2 billion, representing a 71.5% increase in profit, further extending the forecast for a record high for the second consecutive year. The first-quarter operating profit margin on sales improved to 31.3% from -96.5% in the same quarter of the previous year.
Under the revised forecast for the current fiscal year, net sales are ¥10,000 billion, ordinary profit is ¥3,200 million, net income is ¥2,700 million and revised EPS is ¥48.2.