Takara Holdings lowers interim profit forecast for fiscal year 2026

Takara Holdings has revised its consolidated earnings forecast for the second quarter of the fiscal year ending March 2026. The company now anticipates net sales of 186,556 million yen, down from the previous forecast of 191,000 million yen. Operating profit is projected to be 7,786 million yen, a slight decrease from 7,800 million yen.

Ordinary profit is now expected to be 7,386 million yen, lower than the 8,100 million yen previously forecast. Net profit attributable to owners of parent is revised down to 5,695 million yen from 7,100 million yen, resulting in an expected interim earnings per share of 29.40 yen, a decrease from 36.36 yen.

The downward revision is primarily attributed to lower-than-expected sales from the Takara Shuzo, Takara Shuzo International, and Takara Bio groups. While special gains increased by approximately 2.3 billion yen due to sales of investment securities, special losses also rose by approximately 3.9 billion yen from impairment losses on equipment within the Takara Bio Group. Additionally, a reversal of approximately 400 million yen in deferred tax assets by the Takara Bio Group further impacted net profit.