Orion Breweries, Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company revised net sales of JPY 29,683 million; Operating profit of JPY 4,160 million; Profit attributable to owners of parent of JPY 3,472 million; basic earnings per share of JPY 83.99 compared to previous guidance of net sales of JPY 30,106 million; Operating profit of JPY 3,945 million; Profit attributable to owners of parent of JPY 3,306 million; basic earnings per share of JPY 81.01. Reasons for the Revision: Regarding net sales, in the Alcoholic & Beverages Business, the Company's product Orion The Draft has performed favorably, and overseas sales have also expanded strongly.
On the other hand, it has been difficult for the Company to fully absorb the impact of opportunity losses resulting from the cyberattack on business partner Asahi Group Holdings, and sales will be falling slightly below the plan. The Tourism & Hotel Business has been strong due to steady occupancy rates and room rates. However, on a consolidated basis, net sales are expected to decrease slightly due to the lingering impact of the Alcoholic & Beverages Business.
Regarding operating profit, in the Alcoholic & Beverages Business, the Company expects to offset the impact of decreased revenue and achieve higher profits through cost reductions from manufacturing process improvements, energy savings from new capital investments, and profit contributions from the strong licensing business. In the Tourism & Hotel Business, solid performance is expected because of the effect of variable cost reduction through advanced revenue management, as well as the fact that there were no typhoon impact to the area that had been anticipated in the plan for this fiscal year. In addition to the upside in both businesses, company-wide operational efficiency improvements have also contributed, and the Company expects to exceed the previously announced forecast.
EBITDA, ordinary profit, and net income attributable to owners of parent are also expected to exceed the previously announced forecast, reflecting the increase in operating profit.
