Oji Holdings announced its consolidated earnings outlook for the fiscal year ending March 2027. Operating profit is expected to rise 30% from the previous fiscal year to ¥45 billion, while the forecast has been lowered by ¥15 billion from the previous forecast. Sales are expected to increase 5% to ¥1.96 trillion.
Oji Holdings expects consolidated operating profit for the fiscal year ending March 2027 to be ¥45 billion, up 30% year on year. However, this is ¥15 billion below the previous forecast. The view is that the Middle East situation lasting longer than expected has contributed to soaring raw material and fuel prices.
Sales have been revised upward by ¥20 billion from the previous forecast, with ¥1.96 trillion planned. Product price pass-through is expected to advance in the domestic market.
Net profit is expected to be ¥35 billion, a decrease of approximately 37% from the previous fiscal year. The outlook is expected to be affected by soaring raw material and fuel prices and the cost structure.