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Nabtesco Corporation <6268> raises full-year net profit forecast on higher-than-expected equity method investment income
Nabtesco Corporation <6268> announced after the close of trading on the 30th that it has revised its full-year earnings forecast in conjunction with the release of its consolidated financial results for the first quarter (January-March) of fiscal year ending December 2026. The company raised its net profit forecast for the current fiscal year by 1 billion yen from the previous outlook to 18.6 billion yen (up 18.5% year-on-year).
The upward revision reflects higher-than-expected equity method investment income and a review of corporate taxes, resulting in both pre-tax profit and net profit exceeding initial projections. The company left its revenue and operating profit forecasts unchanged. For the January-March quarter, revenue totaled 83,032 million yen (up 16.9% year-on-year), and net profit increased 67.0% to 5,483 million yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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