Mynet has revised its consolidated earnings forecast for the fiscal year ending December 2024, announcing a substantial increase in profit projections while maintaining its sales outlook at ¥9.6 billion. The company now expects operating profit to rise by 45.5% to ¥320 million, ordinary profit to surge by 73.5% to ¥295 million, and net profit to grow by 69.7% to ¥280 million.
The upward revision comes as both existing and new titles in Mynet’s core business areas have outperformed expectations. Additionally, the company’s new B2B solutions segment, which spans various industries, has exceeded initial targets, contributing significantly to the enhanced profit outlook.
Despite the positive first-half results, Mynet remains cautious regarding the second half of the fiscal year, citing uncertainties in the external environment. The company plans to continue investing in new business areas, adjusting both the amount and timing of these investments as needed. This prudent approach aims to sustain the momentum gained in the first half while preparing for potential challenges in the latter part of the year.
