On the 8th, Japan Airtech <6291> announced a revision of the full-year performance forecast for the year ending December 2024, which will be released on May 15, 2024, based on recent performance trends.

For the full year individual performance forecast (January-December 2024), sales are expected to remain at 13.5 billion yen, as announced previously. Operating profit is expected to increase by 3.3% from the previous forecast, to 0.93 billion yen. Ordinary profit is expected to increase by 19.1% to 1.31 billion yen, and net income for the year is expected to increase by 17.5% to 0.94 billion yen. Earnings per share for the year are revised upward to 90.52 yen.

Based on the actual results up to the midterm, the expected dividend income received from overseas affiliated companies exceeded the estimate at 0.397 billion yen, so the performance was reviewed. Sales of projects expected after the third quarter were incorporated into the midterm results, and the operating margin up to the present also exceeded the initial estimates. The full year performance forecast was revised based on considerations for future business environment, and the performance forecast for the year ending December 2024, as announced on May 15, 2024, was revised.