Maruzen Showa Unyu revises earnings forecast, outlines new mid-term plan

Maruzen Showa Unyu (TSE:9068) has revised its consolidated earnings forecast for the fiscal year ending March 31, 2025, due to recent business trends. The company now projects revenues of JPY 144 billion, down from the previous forecast of JPY 155 billion, and operating profit to JPY 14.7 billion from JPY 16 billion. Despite the revenue decline, net profit attributable to the parent company's shareholders is expected to increase to JPY 12.3 billion from JPY 12 billion, primarily driven by gains from the reduction of policy stock holdings. Similarly, individual revenue is projected at JPY 114 billion down from the previous forecast of JPY 125 billion, while net profit is expected to increase to JPY 10.7 billion from JPY 10.5 billion.