Sawafuji Electric Co., Ltd. Revises Earnings Forecast — Net Profit Falls 81.5%
Sawafuji Electric Co., Ltd. (TSE:69010) revised its earnings forecast for the fiscal year ending March 2026, with net profit declining significantly.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 25.0bn | JPY 24.9bn | -JPY 0.1bn (-0.4%) |
| Operating Profit | JPY 350mn | JPY 310mn | -JPY 40mn (-11.4%) |
| Ordinary Income | JPY 480mn | JPY 490mn | +JPY 10mn (+2.1%) |
| Net Profit | JPY 270mn | JPY 50mn | -JPY 220mn (-81.5%) |
| EPS | JPY 62.57 per share | JPY 11.59 per share | -JPY 50.98 per share (-81.5%) |
| Individual Revenue | JPY 23.4bn | JPY 23.3bn | -JPY 0.1bn (-0.4%) |
| Individual Operating Profit | JPY 90mn | JPY 230mn | +JPY 140mn (+155.6%) |
| Individual Ordinary Income | JPY 380mn | JPY 610mn | +JPY 230mn (+60.5%) |
| Individual Net Profit | JPY 230mn | JPY 170mn | -JPY 60mn (-26.1%) |
| Individual EPS | JPY 53.30 per share | JPY 39.40 per share | -JPY 13.90 per share (-26.1%) |
The revision was driven by a decline in refrigeration business sales in Australia, which led to a lower consolidated operating profit. However, the company noted that cost increases were passed on to customers, and cost-cutting measures helped improve individual operating and ordinary income. A special loss from a public tender-related expense (advisory fees and tender costs of approximately JPY 250mn) reduced net profit and individual net profit significantly.
The downward earnings revision highlights a significant drop in profitability, prompting investors to reconsider expectations for future performance.
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.