Wakita reports 10% rise in Q1 ordinary profit to 1.8 billion yen

Earnings
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Wakita announced consolidated ordinary profit of 1.8 billion yen for the first quarter of the fiscal year ending February 2027, up 10.2% from the same period a year earlier. This represents a progress rate of 30.3% against the full-year forecast of 5.95 billion yen, roughly in line with the five-year average of 27.3%. The operating profit margin on sales was largely flat, edging up to 7.4% from 7.1% a year ago.

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Wakita & Co., Ltd.
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Wakita reported a 10.2% rise in Q1 ordinary profit, beating the five-year average progress rate.