After the market close on 5 November, Ｓａｐｅｅｔ raised its prior-year ordinary profit from ¥121 million to ¥177 million and lifted its full-year record profit forecast. The profit growth rate is expected to change from 2.7 times to 3.9 times.
After the market close on 5 November, Ｓａｐｅｅｔ raised its non-consolidated ordinary profit for the previous fiscal year from the previous forecast of ¥121 million to ¥177 million. As a result, the previously assumed profit growth rate changed from 2.7 times to 3.9 times, further adding to the previous plan for consecutive record-high profits. As reported by Kabutan News, the upwardly revised full-year plan could also affect the company's future earnings outlook.
As its outlook for the second half, the company substantially raised ordinary profit for the April-September period from the previous ¥19 million to ¥75 million. Compared with ¥41 million in the year-earlier period, this represents approximately 3.9 times the amount, also substantially raising the final full-year earnings outlook. The figures are based on the revised plan announced by the company.
The article presents the revision as consistent with the previous policy of targeting record-high profits for 2 consecutive fiscal years. Ｓａｐｅｅｔ may announce further updates in its future quarterly results and disclosures.