Sus revises upwards its H1 FY25 earnings forecast

Sus announced an upward revision to its consolidated earnings forecast for the second quarter of FY25. The company now anticipates sales of JPY7,450 million, up from the previously forecasted JPY7,174 million. Operating profit is projected to increase to JPY810 million, a significant jump from the earlier estimate of JPY547 million. The forecast for recurring profit has also been raised to JPY850 million from JPY577 million. Net profit attributable to owners of the parent is now expected to reach JPY570 million, resulting in earnings per share of JPY64.45, up from a previous forecast of JPY41.97. The revisions are attributed to higher dispatch service revenue driven by engineering talent shortages and improved employee retention and utilization rates, along with robust performance in the IT contracting business. Sus has decided to maintain its full-year fiscal 2025 guidance.