DTS's consolidated ordinary profit for July-September (2Q) rose 9.6% year on year to ¥4.69 billion, and its operating margin on sales improved to 13.9%. First-half results were ¥8.16 billion, while progress against the full-year plan of ¥17.3 billion was 47.1%, broadly in line with the plan. Second-half ordinary profit is expected to rise to ¥9.18 billion.
DTS published its earnings summary, reporting that consolidated ordinary profit for April-September rose 9.6% year on year to ¥4.69 billion. Of revenue, operating profit and ordinary profit, the improvement in the ordinary profit margin accompanied the increase in ordinary profit.
Based on first-half results and the full-year plan, consolidated ordinary profit for the second half is expected to rise 5.5% year on year to ¥9.18 billion. Progress against the full-year plan of ¥17.3 billion is 47.1%, broadly in line with the five-year average of 44.9%.
In the latest three-month period, July-September, ordinary profit rose to ¥4.69 billion, while the operating margin on sales improved from 12.7% to 13.9%.
Under the revised forecast for the second half of the fiscal year, revenue is expected to be ¥68,287 million, operating profit ¥8,351 million, ordinary profit ¥8,708 million and net profit ¥6,178 million. Earnings per share is expected to be revised from ¥38.7 to ¥40.5.