Elements revises full-year ordinary profit forecast upward to 200–300 million yen

Earnings
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Summary · why it matters

Elements announced on July 14 that its consolidated ordinary profit for the first half of the fiscal year ending November 2026 swung to a surplus of 298 million yen. In the same period a year earlier, it posted a loss of 9 million yen. The company raised its full-year consolidated ordinary profit forecast from a previous range of a 100 million yen loss to a 100 million yen profit, to a new range of 200 million to 300 million yen in profit. For the March–May quarter, consolidated ordinary profit surged thirteenfold year on year to 193 million yen, while the operating profit margin improved sharply from 3.1 percent to 13.8 percent.

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ELEMENTS,Inc.
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Company swung to profit and raised full-year ordinary profit forecast from loss to profit range.