TOKYO, Apr 10 (Pulse News Wire) – Seihyo CO.,LTD. (2872.T) reported its fiscal year ending February 28, 2026, earnings today, which missed previous forecasts.
For the period from March 1, 2025, to February 28, 2026, the company's net profit per share was ¥8.19, compared to the forecast of ¥22.14. Revenue, operating profit, and ordinary profit exceeded expectations, increasing by 96%, 25%, and 28%, respectively. However, due to additional costs associated with equipment modifications and trial operations at the newly acquired Toyama factory, the net profit fell below projections.
The company attributed the variance primarily to higher-than-expected sales from its main product, Ice Cream Bumon, during January and February. Despite increased expenses related to facility improvements at the Toyama plant, overall cost reductions across the company led to improved revenue and profitability metrics. Nevertheless, the recognition of asbestos and fluorine removal liabilities resulted in deferred tax liabilities, leading to lower net income than anticipated.
This marks a significant deviation from the previously stated outlook, impacting shareholders' expectations for the quarter.
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