TOKYO -- Security services provider Secom's net profit likely rose 3% on the year in the half ended in September, topping the company's forecast thanks to growth in commercial contracts and strong sales of new residential services.
Group net profit is seen coming at around 42 billion yen ($367 million), compared with a forecast 8% drop to 37.4 billion yen. That gain would mark Tokyo-based Secom's first record profit for the half in three years.