Seikagaku cuts full-year earnings forecast on lower royalty revenue

Seikagaku Corporation (TSE:4548) announced a downward revision of its full-year earnings forecast for the fiscal year ending March 2025. The company now expects sales of ¥39.55 billion, a slight decrease from the previous forecast of ¥40 billion, impacted by declining royalty revenue. Operating profit is projected to be ¥1.8 billion, a significant drop of 54.4% from the initial estimate of ¥3.95 billion, due to reduced royalty income and increased research and development expenditures. Net profit attributable to owners of the parent is now forecast at ¥1.65 billion, a 52.2% decrease from the prior estimate of ¥3.45 billion. The company maintained its dividend forecast.