HOB Co.,Ltd. Revises Earnings Forecast Lower on Weak Strawberry Sales
HOB Co.,Ltd. (TSE:1382) has downwardly revised its full-year earnings forecast for the fiscal year ending June 2026, citing declining sales volumes in its core strawberry and fresh produce business amid rising input costs and consumer spending restraint.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 2.48bn | JPY 2.37bn | -4.4% |
| Operating Profit | JPY 24M | △22 | — |
| Ordinary Income | JPY 27M | △18 | — |
| 親会社株主に帰属する当期純利益 | JPY 18M | △27 | — |
| 1株当たり当期純利益 | 24.66 | △36.71 | — |
The company attributed the revision to lower strawberry fruit sales volumes in its primary business segment, compounded by elevated raw material prices and consumers’ cost-conscious purchasing behavior. Market prices for commercial-grade produce remained elevated through May compared with historical levels, forcing HOB to absorb margin compression as pre-set selling prices proved insufficient to offset cost pressures. Both revenue and profitability are now expected to fall short of prior guidance.
The revision marks a significant deterioration in profitability: operating profit swung from a JPY 24M gain to a JPY 22M loss, while ordinary income (keijo rieki)—a Japan-specific metric capturing non-operating financial items—shifted from JPY 27M profit to JPY 18M loss. Net profit attributable to parent shareholders turned negative at JPY 27M loss versus the prior JPY 18M profit forecast. Earnings per share fell to negative JPY 36.71 from positive JPY 24.66. The revision underscores HOB’s vulnerability to commodity price volatility and demand softness in the fresh produce sector, presenting a near-term headwind for investors tracking the company’s operational execution.
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.