Nippon Beet Sugar Manufacturing Co.,Ltd. Revises Earnings Forecast — H2 FY2027 Net Profit Surges on Investment Gains
Nippon Beet Sugar Manufacturing Co.,Ltd. (TSE:2108) has revised its earnings forecast for the second half of fiscal 2027 ending March 31, 2027, citing delayed sugar business sales offset by a substantial investment securities gain.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 32.0bn | JPY 30.0bn | -6.2% |
| Operating Profit | JPY 400M | JPY 100M | -75.0% |
| Ordinary Income | JPY 700M | JPY 400M | -42.9% |
| 親会社株主に帰属する中間純利益 | JPY 400M | JPY 4.00bn | +900.0% |
| １株当たり中間純利益 | JPY 33.09/share | JPY 339.97/share | +JPY 306.88/share |
The company attributed the downward revision to slower-than-expected sales progress in its sugar business, which will reduce interim-period revenue and operating profit below initial guidance. However, the company now expects to record a JPY 5.4bn gain on the sale of investment securities during the interim period, substantially boosting net profit. Full-year operating profit and revenue are expected to remain in line with prior forecasts, suggesting the sales delay is temporary.
For full-year fiscal 2027, net profit is now projected at JPY 4.8bn, up 33.3% from the previous JPY 3.6bn forecast. Investors should note that the interim-period net profit surge is driven primarily by the one-time investment gain rather than operational improvements. The key metric to monitor going forward is whether core sugar business sales recover in the second half to meet full-year operating profit targets, as underlying operational performance remains pressured.
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.