Osho Food Service revised its current-year ordinary profit forecast downward from the previous forecast of ¥11 billion to ¥9.25 billion. Second-quarter results were ¥1.65 billion, down 29.6% year on year, and the full-year plan was affected by the downside.
Osho Food Service released its earnings results on 30 October and revised its current-year ordinary profit forecast downward from the previous forecast of ¥11 billion to ¥9.25 billion. As a result, the full-year plan was revised downward, creating a gap from the initial outlook.
Ordinary profit for the second-quarter cumulative period, July to September, was ¥1.65 billion, down 29.6% year on year. Sales were ¥53,879 million.
For the current year's second-half outlook, ordinary profit is estimated at ¥5.99 billion, which would represent an overall increase year on year.