Mitsui DM Sugar Co.,Ltd. Revises Earnings Forecast — Net Profit Down JPY 3.8bn
Mitsui DM Sugar Co., Ltd. (TSE:21090) has revised its earnings forecast for the fiscal year ending March 2026, citing significant impairment losses from its consolidated subsidiaries and affiliates.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 200.0bn | JPY 200.0bn | 0 |
| Operating Profit | JPY 12.3bn | JPY 12.3bn | 0 |
| Ordinary Income | JPY 11.8bn | JPY 11.8bn | 0 |
| Net Profit | JPY 7.7bn | JPY 3.9bn | -JPY 3.8bn (-49.4%) |
| EPS | JPY 246.17 per share | JPY 124.59 per share | -JPY 121.58 (-49.4%) |
The company attributed the downward revision to the recognition of impairment losses, including a special loss of JPY 6.0bn for consolidated subsidiaries and JPY 8.2bn for affiliate equity valuation losses. These charges led to a substantial reduction in net profit and EPS.
The revision reflects a significant decline in the value of the company’s consolidated subsidiaries and affiliates, which may impact future financial performance. Investors should monitor the company’s ability to recover asset values or mitigate further losses in the coming quarters.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.