Suntory Beverage & Food lowered its consolidated earnings forecasts for the fiscal year ending December 2026, setting operating profit at ¥147.5 billion and net profit at ¥82.5 billion. Persistently high raw material prices and higher logistics costs were cited as the main factors.
Suntory Beverage & Food (BF) revised its consolidated earnings forecasts for the fiscal year ending December 2026, lowering them from the previous operating profit forecast of ¥155.0 billion and net profit forecast of ¥89.0 billion. The new forecasts are operating profit of ¥147.5 billion and net profit of ¥82.5 billion.
The factors behind the downward revision included higher raw material prices and logistics costs associated with turmoil in the Middle East. The view presented was that these factors had squeezed gross profit and increased costs.