Nichimo Co., Ltd. (TSE:8091) has revised its earnings forecast for the fiscal year ending March 2026, citing external and internal factors impacting performance.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 135.0bn | JPY 139.0bn | +3.0% |
| Operating Profit | JPY 3.30bn | JPY 2.75bn | -16.7% |
| Ordinary Income | JPY 3.50bn | JPY 3.00bn | -14.3% |
| Net Profit | JPY 2.50bn | JPY 2.10bn | -16.0% |
| EPS | JPY 300M | JPY 271M | -9.8% |
The revision reflects challenges in the fourth quarter, including the impact of exchange rate fluctuations and market volatility during the import seafood procurement season. Additionally, weak demand in the food business sashimi division, production disruptions from a fire at a subsidiary’s meal factory, and underperformance at other subsidiaries contributed to lower-than-expected operating profits. The company also noted that rising logistics costs could not be fully offset, leading to a combined reduction of approximately JPY 5.5bn in operating income.
The revised forecast highlights the potential for external factors and internal performance issues to affect full-year results. Investors are advised to monitor future developments and management’s response to these challenges.