Feedforce raises full-year earnings forecast on strong professional services

Feedforce Group has revised its consolidated earnings forecasts for the second quarter and full fiscal year ending May 2026. For the second quarter, the company now projects net sales of JPY2,416 million, up 7.0% from the previous forecast of JPY2,258 million. Operating profit is expected to reach JPY943 million, a 27.1% increase, and net profit attributable to parent company shareholders is forecast at JPY733 million, a substantial 52.4% rise from the prior JPY481 million.

The full-year forecast also sees an upward adjustment, with projected net sales of JPY5,081 million, an increase of 3.2% from JPY4,923 million. Operating profit is now expected to be JPY2,052 million, up 10.9%, and net profit attributable to parent company shareholders is revised to JPY1,452 million, marking a 21.0% increase from the previous JPY1,200 million.

These revisions are primarily attributed to strong performance in the professional services business, which exceeded expectations from June to September, and the recognition of deferred tax assets following an internal reorganization. The company confirmed that its dividend forecast remains unchanged.