ITO EN forecasts 8% decline in operating profit for fiscal year ending April 2027 due to rising costs of green tea materials and supplies

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Mon Jun 1, 2026 4:10 pm JST Catalyst

ITO EN, LTD. <2593> disclosed its full-year earnings forecast for the fiscal year ending April 2027 after the close on June 1, alongside its consolidated financial results for the fiscal year ended April 2026. For the year ending April 2027, the company forecasts sales of 500.0 billion yen (up 0.4% year-on-year), operating profit of 20.0 billion yen (down 7.8%), and net profit of 11.43 billion yen (up 3.3-fold). The outlook reflects headwinds from rising costs of green tea raw materials and supplies. ITO EN also plans an annual dividend of 52 yen per share (26 yen each for interim and year-end payouts), up from 48 yen the previous year.

For the fiscal year ended April 2026, ITO EN reported sales of 497.88 billion yen (up 5.3% year-on-year), operating profit of 21.68 billion yen (down 5.6%), and net profit of 3.47 billion yen (down 75.5%). Net profit plummeted due to impairment losses in its vending machine business, triggered by declining sales volumes and eroding profitability.

Source: MINKABU PRESS

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