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▼ NegativeCapitalrelevance
Company lowered its full-year net profit forecast due to delays in new product development and launch.
Ezaki Glico on the 5th revised downward its consolidated net profit forecast for the fiscal year ending December 2026 to 9 billion yen, approximately 1.7 times the previous year's figure. The downgrade from the earlier forecast of 10 billion yen reflects delays in the development and launch of new products in its domestic business. The company also announced on the same day its consolidated results for the first half of the fiscal year, with net profit rising 32.8 percent year-on-year to 4.9 billion yen and revenue increasing 9.7 percent to 180.3 billion yen.
Company lowered its full-year net profit forecast due to delays in new product development and launch.