Oji Holdings cuts annual operating profit forecast by ¥15 billion as raw material and fuel costs rise
Oji Holdings lowered its consolidated operating profit forecast for the year ending March 2027 by ¥15 billion to ¥45 billion, still up 30% from the previous year. The company cited higher raw material and fuel prices as the Middle East situation persisted longer than anticipated. It raised its sales forecast by ¥20 billion to ¥1.96 trillion, up 5%, as domestic product price increases progressed.