TOKYO, May 12 (Pulse News Wire) – Nichirei Corporation (2871.T) revised its financial targets for the Compass×Growth mid-term plan through fiscal 2027, following a decision made during today’s board meeting. The company determined that achieving initial goals would require additional time due to unexpected increases in raw material costs and ongoing inflation impacting consumer spending.
Nichirei's revised financial targets for fiscal 2027 now reflect a more realistic outlook based on recent performance. According to the updated plan, revenue is forecasted at 7,161 billion yen, while operating profit is expected to reach 390 billion yen.
Other key metrics include an overseas sales ratio target of 25%, EPS of ¥120, and EBITDA of 600 billion yen. The changes aim to enhance the feasibility of achieving these revised targets, taking into account the challenging economic environment.
Detailed explanations of the revisions will be available at the upcoming earnings presentation scheduled for later this month.
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