Marudai Food cuts annual net profit forecast to ¥4.4 billion as cost pass-through lags
Marudai Food lowered its consolidated net profit forecast for the year ending March 2027 to ¥4.4 billion, down 55% year on year, from ¥6.4 billion. The company said passing higher raw-material costs on to customers was taking longer than planned. It also cut its sales forecast to ¥243 billion and operating profit forecast to ¥4 billion, reductions of ¥2 billion and ¥4 billion respectively.