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ISHIZUKA GLASS turns negative on double-digit profit decline forecast for March 2027

Thu Apr 23, 2026 1:39 pm JST Catalyst

ISHIZUKA GLASS CO.,LTD. <5204> turned negative. The company announced its consolidated earnings forecast for the fiscal year ending March 2027 around 1 p.m., projecting sales of 62 billion yen, up 4.2% year-on-year, operating profit of 3.5 billion yen, down 15.9%, and net profit of 2.15 billion yen, down 17.9%, with the double-digit profit decline weighing on the stock.

The company expects growth in plastic containers due to the contribution of a new factory that began operations in the previous period, as well as expansion in the pouch beverage filling business within its other operations. However, the forecast incorporates a profit decline based on certain assumptions regarding the impact of energy costs associated with rising crude oil prices.

Meanwhile, the company's fiscal year ending March 2026 results, announced simultaneously, showed sales of 59.51 billion yen, up 6.3% from the previous period, operating profit of 4.16 billion yen, up 8.1%, and net profit of 2.618 billion yen, down 15.2%.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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