Riken Technos raises net profit forecast by 25%

Riken Technos Corporation (TSE:4220) announced revisions to its consolidated and non-consolidated earnings forecasts for the fiscal year ending March 31, 2025. The company now anticipates net profit attributable to owners of the parent to reach ¥7 billion, a 25% increase from the previous forecast of ¥5.6 billion. This revision is primarily due to expected gains from the sale of investment securities, as the company reduces its holdings to below 10% of consolidated net assets. The company has maintained its revenue forecast at ¥130 billion and its operating and recurring profit forecast at ¥10 billion. The company has increased its non-consolidated net profit forecast to ¥6.5 billion, an increase of ¥1.3 billion.