Japan2776.JP▲
Shinto Holdings Swings to ¥394 Million Recurring Profit
Shinto Holdings announced its earnings on the afternoon of September 14, reporting a consolidated recurring profit of 394 million yen for the cumulative second quarter of the fiscal year ending January 2027, swinging from a loss of 61 million yen in the same period a year earlier. The progress rate against the full-year plan of 715 million yen stands at 55.1%. Based on the company's reported first-half results and its unchanged full-year plan, the consolidated recurring profit for the August-to-January second half is projected to fall 46.9% year on year to 321 million yen. In the most recent three-month period from May to July, consolidated recurring profit surged 9.2-fold year on year to 330 million yen, while the operating profit margin on sales improved from 0.4% a year earlier to 2.7%.