Yakult Honsha Co ( (YKLTF) ) has released its Q1 earnings. Here is a breakdown of the information Yakult Honsha Co presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Yakult Honsha Co., Ltd. is a Japanese company primarily engaged in the production and sale of probiotic beverages and other health-related products, with a significant presence in the global food and beverage industry.
In the first quarter of FY2025, Yakult Honsha Co. reported a decline in its financial performance compared to the previous year, with consolidated net sales decreasing by 4.9% to 116,586 million yen. The company faced challenges in both domestic and international markets, impacting its overall profitability.
Key financial metrics revealed a decrease in operating profit by 32.2% to 10,906 million yen, and ordinary profit fell by 22.9% to 17,190 million yen. The profit attributable to owners of the parent company also saw a decline of 17.7%, amounting to 11,597 million yen. The company’s food and beverage segment in Japan experienced a 4.8% drop in sales, while the Americas saw an 8.2% decline. However, the Asia and Oceania segment managed a slight increase in sales by 0.4%, and Europe saw a 1.1% rise.
Looking ahead, Yakult Honsha Co. has revised its financial forecasts for FY2025, anticipating lower net sales and profits than previously expected. The company remains focused on its long-term vision and strategic initiatives to navigate the challenging market environment and enhance its global presence.