TOKYO, May 13 (Pulse News Wire) – SHOFU INC. (7979.T) reported consolidated revenue of ¥20.9 million for the fiscal year ending March 2026, marking a 5.4% increase from ¥19.9 million in the previous fiscal year.
Operating profit rose to ¥1.1 million compared to ¥200 million last year, reflecting improved performance across various product lines. In the fourth quarter alone, domestic sales contributed ¥18.9 million while overseas sales totaled -¥2 million, showing a slight decline of 0.1%. However, excluding the impact of foreign exchange fluctuations, local currency revenues increased significantly.
Notably, sales in North America and Europe grew by 0.4%, offsetting declines in China. For the next fiscal year, SHOFU expects consolidated revenue to reach ¥22.68 billion, indicating continued growth momentum. The company also forecasted operating profit to rise to ¥1.295 billion, driven by cost management initiatives and strategic investments in research and development.
Despite facing challenges such as fluctuating currencies and competitive pressures, SHOFU remains optimistic about its future prospects, emphasizing its commitment to innovation and expanding global markets.
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