Saftec Adjusts FY2026 March Forecast Lower Due to Revenue Slump

TOKYO, May 08 (Pulse News Wire) – Saftec CO.,LTD. (7464.T) adjusted its fiscal year 2026 March forecast lower due to a revenue slump and reduced gross margins.

The revised forecast shows a significant decrease compared to previous estimates, impacting operating profit, ordinary profit, and net income per share. For the period ending March 31, 2026, the company's initial forecast was for sales of ¥10.42 billion, operating profit of ¥370 million, ordinary profit of ¥383 million, and a net income per share of ¥143.6 million. However, the latest revision projects sales of ¥10.11 billion, operating profit of ¥245 million, ordinary profit of ¥264 million, and a net income per share of ¥81.0 million. This represents decreases of ¥307 million, ¥125 million, ¥119 million, and ¥112 million respectively.

The decline in revenue was attributed to slower-than-expected growth since the beginning of the year. Additionally, low turnover rates for high-value products and further increases in procurement costs led to a reduction in gross margin. Although some expenses increased due to price hikes, overall spending was kept below expectations. Despite cost control measures, the drop in total sales resulted in lower-than-projected operating profits.

Similarly, the downward trend affected ordinary profits and net income attributable to parent shareholders, reflecting similar underlying issues.