TBS HOLDINGS, INC. lowered its ordinary profit forecast for the current fiscal year, cutting its full-year forecast from ¥39.0 billion to ¥38.0 billion. First-quarter sales and ordinary profit deteriorated significantly year on year.
On 6 August, TBS HOLDINGS, INC. released its financial results summary, disclosing that consolidated ordinary profit for the first quarter of the fiscal year ending March 2027 (April-June) fell 19.0% year on year to ¥12.8 billion.
At the same time, it lowered its full-year ordinary profit forecast from ¥39.0 billion to ¥38.0 billion, reducing the expected profit growth rate from 4.4% to 1.7%.
The first-quarter operating margin on sales deteriorated significantly, falling from 8.1% in the same period of the previous year to 4.4%.
Under the revised forecast for the current fiscal year, sales are expected to remain in line with the previous outlook, while earnings growth is expected to be restrained.