Snow Brand Megmilk lowered its full-year operating profit forecast. In the second half, it expects the effects of the September price revision and higher selling prices while working to restore sales volumes to the previous year's level.
Snow Brand Megmilk lowered its full-year operating profit forecast against a backdrop of rising costs and a challenging domestic consumption environment.
While it expects the effects of price revisions and higher selling prices in the second half, the company said it would first focus on restoring sales volumes to the previous year's level.
The shift in policy indicates an intention to pursue a return to profit growth through a recovery in the second half.
Investors are expected to focus on the progress of the volume recovery and the effectiveness of the price revisions.