Sapporo cuts sales forecast – but lifts profit guidance
Yahoo Finance·2025-11-12 21:32
Sapporo Holdings has lowered its forecast for annual revenue but raised its guidance for profits. The brewer now anticipates revenue of Y523bn ($3.38bn) in 2025, down 1.7% from its February estimate. In 2024, Sapporo generated revenue of Y530.78bn. In contrast, profitability metrics have been upgraded: core operating profit is projected at Y29.5bn, up 20.4% from the prior forecast; operating profit is expected to reach Y27.8bn, a 39% increase; and net profit is forecast at Y16.5bn, up about 49.6%. Prof ...