Key Facts
• August 6, 2025: Ezaki Glico announced a downward revision of its 2025 earnings forecast.
• Operating profit forecast reduced by 0.6% year-on-year to ¥11 billion (previously ¥18 billion).
• Sales forecast adjusted to ¥364 billion, a 9.9% increase year-on-year (previously ¥370 billion).
• Net profit forecast lowered by 1.4% year-on-year to ¥8 billion (previously ¥12 billion).
• Ice cream sales underperformed due to price adjustments.
• Chilled product sales recovery fell short of expectations.
• Delays in new product development and launches in the dairy business impacted performance.
• January–June 2025 operating profit dropped 63.2% year-on-year to ¥3.2 billion.
• Rising raw material costs significantly pressured mid-year earnings.
• Dividend forecast remains unchanged at ¥95 per share.
Summary
Ezaki Glico revised its 2025 full-year earnings forecast downward, citing challenges in ice cream sales due to price adjustments, slower-than-expected recovery in chilled product sales, and delays in dairy product launches. Operating profit is now projected at ¥11 billion, a 0.6% year-on-year decline, while net profit is expected to fall 1.4% to ¥8 billion. Sales are forecasted to grow 9.9% year-on-year to ¥364 billion, slightly below the previous estimate of ¥370 billion. Mid-year results showed a sharp 63.2% drop in operating profit to ¥3.2 billion, driven by rising raw material costs. Despite these challenges, the dividend forecast remains unchanged at ¥95 per share.
