T&D Holdings ups full-year earnings forecast

T&D Holdings (TSE: 8795) announced an increase to its full-year consolidated earnings forecast for the fiscal year ending March 31, 2025. The company now expects operating revenue of ¥3,580 billion, up from the previous forecast of ¥2,560 billion. Projected recurring profit has been revised upward to ¥190 billion from ¥180 billion. Net profit attributable to shareholders of the parent company is now expected to reach ¥117 billion, compared to the previous forecast of ¥104 billion, translating to ¥222.81 earnings per share, up from ¥196.23. The group's adjusted profit forecast has also been increased to ¥130 billion from ¥117 billion. The revisions are attributed primarily to increased insurance premium revenue driven by strong sales of single-premium products and improved investment income.