Taiyo Holdings revised its current-year ordinary profit forecast upward by 9% and forecast record profit above its previous projection. Cumulative second-quarter results substantially exceeded the previous year, while the company expects some slowdown in the second half.
Taiyo Holdings announced its financial results, reporting consolidated ordinary profit of ¥22.7 billion for the cumulative second quarter (April–September) of the fiscal year ending March 2027, up 56.2% year on year. Accordingly, it revised its full-year ordinary profit forecast upward from ¥36.3 billion to ¥39.7 billion, with the growth rate expanding from a 12.6% increase to a 23.1% increase year on year.
Results for the July–September quarter improved substantially from the previous quarter, and the operating margin on sales rose from 23.5% to 29.7%. Ordinary profit for the latest three-month period, the second quarter, increased to ¥11.5 billion.
The new full-year forecast adds to the previous outlook for record-high profit for three consecutive fiscal years. Based on first-half results and the outlook for the second half, ordinary profit in the second half is expected to decline 4.1% year on year to ¥16.9 billion.