Olympic Group Corporation Revises Earnings Forecast — Operating Loss Widens to △2.45bn
Olympic Group Corporation (TSE:8289) revised its earnings forecast for the fiscal year ending February 2026, citing lower-than-expected operating and ordinary income.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 98.0bn | JPY 98.0bn | — |
| Operating Profit | JPY △980m | JPY △2,450m | — |
| Ordinary Income | JPY △1,180m | JPY △2,700m | — |
| Net Profit | JPY △1,450m | Unspecified | — |
| EPS | JPY △63.12/share | Unspecified | — |
The company attributed the downward revision to a combination of factors, including customer recovery efforts, price reductions on core products to counter competition, and inventory adjustments that led to lower gross profit margins. These actions impacted the company’s ability to achieve the previously projected gross profit rate.
The revised forecast reflects the impact of declining gross profit margins on operating and ordinary income. Net profit remains unspecified pending completion of accounting estimates. Investors should monitor future performance as the company navigates these challenges.
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.