Rising raw material and logistics costs due to Middle East tensions cut profit forecast.
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Unicharm has revised down its consolidated net profit forecast for the fiscal year ending December 2026 to 70 billion yen, a 7.3 percent increase from the previous year, from the earlier projection of 86.5 billion yen. The company factored in rising raw material costs and logistics expenses due to escalating tensions in the Middle East, while raising its revenue forecast on the back of value pass-through and higher value-added products. The new forecast fell short of the average analyst estimate of 80.6 billion yen compiled by IBES. Unicharm also reported a consolidated net profit of 41 billion yen for the January to June period, down 1.9 percent from the same period a year earlier.
Rising raw material and logistics costs due to Middle East tensions cut profit forecast.