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Nisshin Seifun Group Inc. ( (JP:2002) ) has shared an update.
Nisshin Seifun Group Inc. has announced impairment losses in its India yeast business due to high ingredient and fuel costs, which have impacted profits. As a result, the company has revised its consolidated forecasts for the fiscal year ending March 31, 2026, reflecting lower expected profits. Despite these challenges, the company remains optimistic about the Indian market’s potential and plans to improve performance by adjusting product prices, reducing costs, and introducing high-value products.
The most recent analyst rating on (JP:2002) stock is a Hold with a Yen1948.00 price target. To see the full list of analyst forecasts on Nisshin Seifun Group Inc. stock, see the JP:2002 Stock Forecast page.
More about Nisshin Seifun Group Inc.
Nisshin Seifun Group Inc. operates in the food industry, focusing on the production of flour, yeast, and other food-related products. The company is involved in the yeast market in India through its subsidiary, Oriental Yeast India Pvt. Ltd., aiming to leverage its Japanese expertise to capture the growing demand in the Indian bread market.
Average Trading Volume: 660,549
Technical Sentiment Signal: Buy
Current Market Cap: Yen497.9B
See more data about 2002 stock on TipRanks’ Stock Analysis page.