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Fujicco Co ( (JP:2908) ) just unveiled an announcement.
Fujicco Co. has revised its earnings forecast for the fiscal year ending March 31, 2025, indicating a decrease in expected profits. This adjustment is due to the challenging business environment marked by rising raw material costs and budget-conscious consumers, which have impacted sales and profitability. Additionally, a scandal involving beni-koji has further affected e-commerce sales of supplements, while sales to department stores have slumped due to consumer reluctance to spend.
More about Fujicco Co
Fujicco Co., Ltd operates in the food industry, specializing in products such as kombu, beans, delicatessen, and desserts. The company is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: -1.32%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $312.3M
See more insights into 2908 stock on TipRanks’ Stock Analysis page.
