Muramachi Chemical <4885> announced on the 17th a revision of the performance forecasts for the second quarter of the fiscal year ending May 2025, based on recent trends in its performance, which was originally disclosed on July 12, 2024.

For the second quarter of the fiscal year ending May 2025 (June-November 2024), the revenue forecast remains at 3 billion yen as previously announced, with operating profit revised to 0.15 billion yen, a 50.0% increase from the previous forecast, ordinary profit to 0.17 billion yen, an 88.9% increase, quarterly net profit to 0.12 billion yen, an 84.6% increase, and quarterly net profit per share adjusted to 30.07 yen.

In the second quarter of the fiscal year ending May 2025, it is expected that the product cost ratio will improve and profit amounts will exceed the previous forecasts due to a temporary increase in product inventory resulting from adjustments in production schedules of L customers, as well as a decrease in depreciation costs due to the delayed inspection timing of factory equipment updates. It is anticipated that the product inventory situation will stabilize as planned within the period, and since QITABANKUAI trends for the latter half are under review, the full-year performance forecast for the fiscal year ending May 2025 remains unchanged from the initial estimates.