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Synchro Food hits new year-to-date low on second consecutive year of operating profit decline expected for March 2027
Synchro Food Co.,Ltd. <3963> fell for a second consecutive session to hit a new year-to-date low. After the market close on the 14th, the company announced its consolidated earnings forecast for the fiscal year ending March 2027, projecting sales of 7.5 billion yen, up 35.3% year-on-year, and operating profit of 332 million yen, down 50.3%. The company plans to maintain its annual dividend at 15 yen. The outlook for a second straight year of declining operating profit weighed on sentiment.
For the fiscal year ended March 2026, sales rose 40.2% to 5.541 billion yen, while operating profit fell 39.1% to 668 million yen. While sales were boosted by new consolidation effects, the core media platform business, which serves the restaurant industry, underperformed.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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