NIPPON KANRYU INDUSTRY, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 29% Decrease

NIPPON KANRYU INDUSTRY CO.,LTD. <1771> [FSE] announced its financial results after the market closed on August 8th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending September 2025 (October 2024 to June 2025) decreased 16.3% from the same period last year to 0.76 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 44.5%, from the previous forecast of 1.18 billion yen to 0.65 billion yen (compared to 0.92 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 29.4% decrease in profit.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated ordinary profit/loss for the April to September period (second half) has been revised downward from an expected profit of 0.29 billion yen to a loss of 0.23 billion yen (compared to a loss of 0.07 billion yen in the same period of the previous year), turning to a loss outlook.

In the most recent three-month period, from April to June (3Q), the consolidated ordinary loss expanded to a loss of 0.12 billion yen (compared to a loss of 0.09 billion yen in the same period last year). The operating profit/loss margin worsened from -4.2% in the same period last year to -5.2%.

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