ｆｏｎｆｕｎ revised its sales forecast for the current fiscal year up 10%, raising its previous record-high forecast. It also disclosed the impact of including newly consolidated subsidiary YNP.
2323ｆｏｎｆｕｎ announced on 12 November that it had revised its consolidated sales forecast for the current fiscal year up 10.2%, from the previous forecast of ¥3.59 billion to ¥3.96 billion, increasing the sales growth rate from the previous 70.5% to 87.8% and further raising its previous record-high forecast. The company continued not to disclose its earnings outlook for the April-September period (first half).
The company cited the addition of sales from the customer-staffing business inherited by newly consolidated subsidiary YNP and sales generated by ICS since its consolidation began as reasons for the revision. The EBITDA forecast itself remains at the level announced previously (¥720 million). Although the company expects M&A to increase operating profit, ordinary profit and net income attributable to owners of the parent, it left its previous forecasts unchanged, citing investment for future growth.