和心 upwardly revised its consolidated ordinary profit forecast for the current fiscal year from the previous forecast and raised its full-year record-profit outlook. The cumulative January–September figure is expected to be ¥690 million, with ¥420 million expected in the second half.
和心 announced its results after the market close on 12 November, reporting consolidated ordinary profit of ¥690 million for January–September, up 53.4% year on year. In 3Q, the operating profit margin on sales rose from 24.5% to 28.1%.
The full-year ordinary profit forecast was upwardly revised from the previous ¥770 million to ¥850 million, raising the expected increase from 45.0% to 60.1%. This adds further upside to the previous forecast of record profit for the third consecutive fiscal year.
For the second-half outlook, consolidated ordinary profit for July–December was raised to ¥420 million. This implies a 23.5% year-on-year increase and raises the growth rate to 57.3%.