Havix revises FY2027 outlook amid rising fuel costs

TOKYO, Aug 07 (Pulse News Wire) – HAVIX CORPORATION (3895.T) revised its fiscal year 2027 earnings forecast due to surging raw material prices influenced by Middle East tensions. The company now projects revenue of ¥13.40 billion, operating profit of ¥500 million, ordinary profit of ¥500 million, and net income of ¥350 million for the period ending March 31, 2027.

Previously, the firm had refrained from providing estimates due to uncertainties caused by volatile global conditions. However, recent developments prompted the update. The exchange rate assumption remains at 1 US dollar equals ¥162.

Despite the revised forecasts, there will be no changes to the final dividend payout for the fiscal year. The company cautions that actual results could differ significantly due to various factors beyond its control. HAVIX Corporation's management believes these projections reflect the current economic environment and operational trends.

The updated figures represent a significant adjustment compared to previous expectations, underscoring the impact of fluctuating global markets on the company’s performance outlook.