Kurimoto revises interim earnings forecast upward, profit jumps

Kurimoto Co. announced a revision to its consolidated interim earnings forecasts for the period from April 1, 2025, to September 30, 2025. The revised forecast now projects net sales of JPY 58,453m, a slight decrease from the previously announced forecast of JPY 59,000m. However, operating profit is revised up to JPY 3,185m from JPY 2,500m, and ordinary profit to JPY 3,313m from JPY 2,400m.

The most notable revision is in profit attributable to parent company shareholders, which is now projected at JPY 3,015m, a substantial increase from JPY 2,100m. This leads to a revised interim net income per share of JPY 49.72, up from JPY 34.62. The increase in profits is attributed to improved profitability, increased dividend income, and special gains from an accelerated sale of marketable securities.

Despite the slight downward revision in net sales, the overall profitability is expected to exceed previous forecasts. The company noted that the full-year consolidated earnings forecast for the fiscal year ending March 2026 remains unchanged at this time. The forecasts are based on information available at the time of announcement and may differ due to various factors.