Asahi Yukizai revises downward full-year earnings forecast

Asahi Yukizai (TSE:4216) announced a downward revision to its full-year consolidated earnings forecast for the fiscal year ending March 2025. The company now projects sales of ¥84 billion, down from the previous forecast of ¥87 billion. Operating profit is expected to be ¥10.5 billion (previously ¥12 billion), and net profit attributable to shareholders is now forecast at ¥7.3 billion, a decrease from the initial ¥8.5 billion. This revision is attributed to delays and reviews of semiconductor-related projects within the piping materials business, and a decrease in sales volume of molded products in the resin business. The company has not revised its dividend forecast.