Takara Standard has announced a downward revision to its earnings forecast. The company lowered its first-half forecast due to soaring material prices amid heightened Middle East tensions and delays in revenue recognition caused by on-site construction schedule setbacks. For the second half, it expects profit improvement through passing on costs to selling prices and cost reductions, but it has also cut its full-year forecast. The net profit forecast for the fiscal year ending March 2027 has been revised down from the previous 15.4 billion yen to 14.3 billion yen, and is expected to decline from the 15 billion yen recorded in the fiscal year ended March 2026.
Takara standard Co., Ltd.Soaring material prices due to Middle East tensions drive up costs, leading to lowered earnings forecast.