ESPEC’s consolidated ordinary profit for the first half rose 12.1% year on year to ¥3.03 billion, while profit for July–September also increased 6.1% year on year to ¥2.5 billion.
According to ESPEC’s financial results for the cumulative second quarter, revenue increased from the previous period and ordinary profit was ¥3.03 billion, 12.1% above the year-earlier period. The summary of financial results also disclosed revised figures as of that point.
Progress against the full-year plan of ¥8.1 billion reached 37.4%, roughly in line with the five-year average of 34.8%. This has heightened market attention on the second-half profit outlook.
For July–September, revenue increased from the previous period, ordinary profit was ¥2.5 billion, up 6.1% year on year, and the operating margin on sales improved from 12.6% to 13.0%.
The current fiscal year forecast indicates that consolidated ordinary profit for October–March is estimated at ¥5.06 billion, up 6.3% year on year.