Fuji Oil Co., Ltd. (TSE:2607) has revised its earnings forecast for the fiscal year ending March 2026, citing slower-than-expected recovery at its subsidiary Blommer and additional charges.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 772.0bn | JPY 772.3bn | +0.0% |
| Operating Profit | JPY 36.5bn | JPY 36.0bn | -1.4% |
| Net Profit | JPY 16.5bn | JPY 11.1bn | -32.7% |
| EPS | JPY 191.92/share | JPY 129.10/share | JPY -62.82/share |
The company attributed the downward revision to delayed recovery at Blommer, which contributed to a slight decline in operating profit, and to impairment losses and the write-off of deferred tax assets, which significantly reduced net profit.
The revision highlights the impact of Blommer’s underperformance and the financial adjustments related to impairment and tax assets, which investors should closely monitor.