Okuwa Co., Ltd.
Notice regarding revisions to earnings guidance
Revision of the mid-term and full-year earnings forecasts for the fiscal year ending February 2027. Both consolidated and non-consolidated figures are below the previous forecast for sales and profits, with especially large declines in interim net income attributable to owners of the parent and per-share earnings. The main causes are weaker demand in the supermarket business, increased costs from raw materials and exchange rates, and lower-than-expected effectiveness of promotional activities.
Key Figures
- Consolidated net sales: 126,300 hundred million yen (YoY △2.4%)
- Consolidated operating income: 600 hundred million yen (YoY △657 million yen)
- Net income attributable to owners of parent (interim): 300 hundred million yen (YoY △487 million yen)
AI要約
Key points of the earnings revision
Okuwa Co., Ltd. has announced a downward revision to its earnings forecast for the second quarter and full year of the fiscal year ending February 2027. Both consolidated and standalone figures are below the previous forecast across revenue and each profit metric, with interim net income and earnings per share falling sharply in the interim period. The main reasons are deteriorating consumer demand in the supermarket business, higher costs from raw materials and foreign exchange, and promotional activities not delivering expected returns.
Outlook and strategies going forward
For the second half of the fiscal year ending February 2027, the company plans to restore same-store sales while continuing price strategies and cost reductions, and to drive operational efficiency. While aiming to improve in the first half, the company has decided that even with adjusting the second-half sales outlook and cost control measures, achieving the full-year forecast is unlikely, hence the revision.
Okuwa Co., Ltd.
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