Shinto Company LOWERS FY2026 FORECAST DUE TO WEAK HOUSING MARKET

TOKYO, Aug 05 (Pulse News Wire) – Shinto Company Limited (5380.S) announced revised forecasts for the fiscal year ending June 30, 2026, citing concerns over the housing market. Previously, the company had left its full-year estimates undetermined due to uncertainties in the economic environment.

For the fiscal year from July 1, 2025, to June 30, 2026, Shinto now expects revenue of ¥4.261 billion, operating profit of -¥101 million, ordinary profit of -¥98 million, and net profit per share of. These projections reflect a challenging outlook driven by rising raw material costs, higher interest rates, and a decline in new home construction starts compared to the previous fiscal year.

In addition to these factors, Shinto noted that despite efforts to improve manufacturing efficiency and cost management, energy prices remain elevated, adding further pressure on production costs. As a result, the company anticipates a reduction in profitability for the upcoming fiscal year.