Kanro achieves record half-year sales, raises full-year outlook
Kanro Inc. announced record-high net sales and profit for the first half of FY2025 (January to June), with net sales reaching JPY16,725 million, a 7.5% increase year-on-year. This exceeded the forecast by JPY425 million. Operating profit surged by 13.7% year-on-year to JPY2,664 million, outperforming the forecast by JPY524 million due to strong performance in throat drops and Puré Gummy products, increased marginal profit, and decreased advertising expenses.
The company has revised its full-year forecast for FY2025 upwards, anticipating net sales of JPY34,100 million (up 7.3% YoY) and an operating profit of JPY4,400 million (up 2.7% YoY). This upward revision is driven by continued growth in hard candy and gummy brands, improved production systems, and planned corporate advertising to enhance brand recognition.
Kanro is also progressing with its global business expansion, particularly with entry into the US gummy market. The company launched its US subsidiary, Kanro America Inc., in May 2025 and is actively promoting Puré Gummy through events and digital channels, aiming for full-scale expansion by FY2029-30.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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