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FINWIRES

IwaiCosmo Forecasts 56% Jump in Fiscal Q1 Attributable Profit

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IwaiCosmo (TYO:8707) expects its profit attributable to owners of the parent to increase 56% to 3.4 billion yen for the fiscal first quarter ending March 31, 2027, from 2.2 billion yen a year earlier, according to a Tokyo bourse filing on Friday.

The securities company expects earnings per share of 144.67 yen, up from 93.03 yen in the same period last year, according to preliminary figures released ahead of the final results due Friday, July 24.

Operating revenue is expected to jump 41% to 9.5 billion yen in fiscal Q1 from 6.76 billion yen in the prior year.

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