Showa Shinku revises upward fiscal year 2025 profit forecasts
Showa Shinku announced an upward revision to its earnings forecast for the fiscal year ending March 2025. While the company expects sales to slightly decrease by JPY 136 million to JPY 8,525 million, operating profit is projected to increase by JPY 269 million to JPY 735 million. Similarly, recurring profit is expected to rise by JPY 318 million to JPY 783 million, and net profit attributable to shareholders of the parent company is forecasted to increase by JPY 232 million to JPY 529 million. The company attributes the improved profit outlook to strong order intake in the second half of the year, leading to higher capacity utilization, cost reductions, and effective fixed cost control. Earnings per share are now estimated at JPY 85.83.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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