Daisyo Corporation
Notice of Revision to Full-Year Consolidated Earnings Forecast
Revised full-year consolidated earnings forecast. Net sales have been lowered to 53,088 million yen (previous forecast -1.1%), operating income to 915 million yen (previous forecast -28.0%), ordinary income to 914 million yen (previous forecast -25.1%), and net income attributable to owners of parent to 394 million yen (previous forecast -57.2%). Reasons include existing-store sales shortfall, rising cost of goods due to higher raw material prices, and increased special losses.
Key Figures
- Net Sales: 53,088 million yen
- Operating Income: 915 million yen
- Ordinary Income: 914 million yen
- Net Income Attributable to Owners of Parent: 394 million yen
- Net Income Per Share: 18 yen 78 sen
AI要約
Overview of Revision to Earnings Forecast
Net sales fell short of the previous forecast due to existing-store sales in the food and beverage business underperforming plans. The rise in cost of goods due to higher raw material prices also impacted results, causing operating income and ordinary income to decrease versus the previous forecast. In addition, an increase in special losses, including loss on retirement of fixed assets and impairment losses, has led to a downward revision of the outlook for net income attributable to owners of parent.
Future Impact and Contributing Factors
This revision is driven by the shortfall in existing-store sales, increased costs, and higher special losses. Impacts from store closures and renovations are also considered, and recovery going forward will depend on improvements in sales and cost management.
Daisyo Corporation
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