Seikagaku Corporation, listed on the Tokyo Stock Exchange's Prime Market, announced a downward revision to its full-year forecast for the fiscal year ending March 2027, projecting a net loss of ¥1.8 billion. Revenue is expected to decline by more than 11% from the previous forecast, turning the company from a projected profit to a loss.
Seikagaku Corporation announced a downward revision to its full-year consolidated earnings forecast for the fiscal year ending March 2027, projecting a net loss of ¥1.8 billion.
Revenue for the fiscal year ending March 2027 is expected to decline to ¥37.1 billion from the previous forecast of ¥41.85 billion. The company is forecasting an operating loss of ¥2.05 billion and a net loss of ¥1.8 billion.
Revenue in the previous fiscal year was ¥36.645 billion, with an operating loss of ¥660 million and net income of ¥1.473 billion. The decline in revenue is expected to result in a return to the red, with a significant decrease in royalty income also affecting results.