Suntory Beverage & Food on the 11th revised its full-year net income forecast for the current fiscal year under IFRS from the previous ¥89.0 billion to ¥82.5 billion. Cumulative third-quarter net income was ¥77.0 billion, and profit is also expected to decline in the second half.
Suntory Beverage & Food announced its earnings in afternoon trading on the 11th. Consolidated net income for the cumulative third quarter of the fiscal year ending December 2026 (January-September) was ¥77.0 billion, up 2.2% year on year.
At the same time, it revised its full-year net income forecast down from ¥89.0 billion to ¥82.5 billion, projecting a 7.3% decline. Based on the plan after the downward revision available at the time of reporting, the second-half outlook also appears to be materially below the previous forecast.
Second-half net income is expected to be ¥40.4 billion, compared with ¥47.5 billion in the same period a year earlier, representing an expected revision rate of approximately 13.9% lower. Net income for the July-September quarter was ¥34.9 billion, while the operating margin declined to 11.2%.
Following this downward revision, the full-year plan is expected to show a relatively larger decline in profit for the current fiscal year.