GIFT HOLDINGS raised its profit forecast for the fiscal year ending October 2026, benefiting from lower ingredient costs. The related stock has shown a modest upward trend. The improvement in earnings from its food business, which focuses on wedding favors, gift sweets and gift products, is believed to be behind the revision.
GIFT HOLDINGS announced that it had raised its profit forecast for the fiscal year ending October 2026. The new outlook indicates that the food business is expected to make a greater contribution to profit, with profit projected to exceed the level anticipated in the previous forecast.
The company cited lower ingredient costs as a factor behind the announcement. It explained that continued efforts to optimize inventory and reduce costs, including improvements in raw-material procurement and the supply chain, are contributing to higher profit.
GIFT HOLDINGS' share price, under ticker 9279, has at times traded above the previous day's close during trading hours, drawing attention alongside developments at other companies in the sector. The news was reported with MINKABU's coverage as its supporting source.