Rengo Co., Ltd.
Notice of Revision to Earnings Guidance
Revised consolidated earnings guidance for the second quarter of the fiscal year ending March 2027. Net sales increased by 9,141 million yen from the previous forecast to 554,141 million yen; operating income increased by 8,369 million yen to 33,369 million yen; ordinary income increased by 10,269 million yen to 34,269 million yen; interim net income attributable to owners of parent increased by 3,850 million yen to 20,850 million yen; interim net income per share is expected to rise to 85.65 yen. Due to price revisions and increased demand for materials, the interim period is expected to see higher sales and profits, but the full-year forecast remains unchanged due to expected higher raw material costs in the second half and weakness in the European automobile market.
Key Figures
- Net Sales: 554,141 million yen
- Operating Income: 33,369 million yen
- Ordinary Income: 34,269 million yen
AI要約
Overview of Performance
We have raised our interim forecasts for net sales and each profit item. In the flexible packaging business, price revisions and increased tensions in the Middle East are expected to lead to preemptive demand for securing materials, prompting upward revisions to forecasts for net sales, operating income, ordinary income and interim net income. Conversely, for the second half, rising raw material costs such as waste paper and pulp and weak European automotive demand are expected to have an impact, and the full-year forecast remains unchanged.
Outlook and Notes
While the full-year earnings forecast maintains previous assumptions, performance is expected to be heavily influenced by material price trends in the second half and the pace of recovery in European markets. Should a revision to performance forecasts become necessary, it will be disclosed promptly.
Rengo Co., Ltd.
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