SEIKOH GIKEN Co.,Ltd., The Current Fiscal Year Ordinary Profit Revised Upward by 32%
6834 SEIKOH GIKEN Co.,Ltd. 【J-GAAP】
Earnings ReportSEIKOH GIKEN Co.,Ltd. <6834> [TSE-S] announced its financial results after the market closed on November 11th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) surged by 2.2 times that of the same period last year, reaching 1.04 billion yen, exceeded the previous forecast of 500 million yen.
In addition, the full-year consolidated ordinary profit has been revised upward by 32.3%, from the previous forecast of 1.55 billion yen to 2.05 billion yen (compared to 1.26 billion yen in the previous period), increasing the growth rate from 22.1% to 61.5%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 26.1% from the same period last year, reaching 1 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 57.5% from the same period last year, reaching 570 million yen. The operating profit margin drastically improved from 7.0% in the same period last year to 12.7%.
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