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FUJI OIL CO., LTD. hits new year-to-date low as delayed recovery at U.S. Blommer drags net profit below forecast for fiscal March 2026

Mon Apr 27, 2026 10:29 am JST Catalyst

FUJI OIL CO., LTD. <2607> fell sharply for the fourth consecutive session, hitting a new year-to-date low. The decline came after the company announced after market close on the 24th that its consolidated net profit for the fiscal year ending March 2026 is expected to come in at 11.1 billion yen (2.9 times the previous year), significantly below its previous forecast of 16.5 billion yen.

While revenue came in slightly above expectations at 772.3 billion yen (up 15.1% year-on-year) versus the previous forecast of 772.0 billion yen, the company cited the delayed recovery of its subsidiary Blommer Chocolate Company in the U.S. as the primary factor. FUJI OIL recorded an impairment loss of 4.137 billion yen related to goodwill associated with Blommer.

Source: MINKABU PRESS

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

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