Iwatsuka Confectionery Co., Ltd.
Notice of Revision to Earnings Guidance
Revised the earnings guidance for the second quarter and full year for the fiscal year ending March 2027. Second-quarter net sales revised to 14,880 hundred million yen, operating loss to -260 million yen, and interim net income attributable to owners of parent to 770 million yen. For the third quarter, the company will continue to expand sales of core products and pursue cost reductions to achieve the full-year targets. Additionally, the expected dividend income from Want Want China Holdings has been revised to 11 hundred million yen.
Key Figures
- Net Sales 2Q: 14,880 hundred million yen
- Operating Result 2Q: -260 million yen
- Interim Net Income Attributable to Owners of Parent 2Q: 770 million yen
AI要約
Overview of Revision to Earnings Guidance
Despite the penetration of price revisions in the rice snack market, profitability has deteriorated due to sustained high raw rice prices and increases in packaging and energy costs. Although net sales are expected to exceed the prior year, earnings are expected to worsen. In the second quarter, the company expects increased net sales through continued expansion of core product sales, but does not expect improvement in operating results. For the full year, the company forecasts net sales of 30,600 hundred million yen, operating income of 300 million yen, and net income attributable to owners of parent of 1,150 million yen, with net income revised downward by -200 million yen from the prior forecast.
Future Policy and Impact
The company positions the third quarter as a season of higher demand and will continue promotions and strengthening sales of core products. It will promote price revisions, production efficiency improvements, and cost reductions to improve profitability. Based on dividend income received, the company has revised its full-year forecast.
Iwatsuka Confectionery Co., Ltd.
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