www.village-v.co.jp/company/docs/7aa569fc45582d5abf9e20ba3bcffb48ef572cd1.pdf

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2024年5月期通期業績予想の修正に関するお知らせ

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https://www.village-v.co.jp/company/docs/7aa569fc45582d5abf9e20ba3bcffb48ef572cd1.pdf

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This document informs about the revision of the full-year earnings forecast for the fiscal year ending May 2024 by Village Vanguard Corporation. The sales forecast has been revised from 27,991 million yen to 25,127 million yen, with operating profit changing from 368 million yen to a loss of 511 million yen, and net profit attributable to parent shareholders revised from 126 million yen to a loss of 653 million yen. The reasons for this revision include the rapid depreciation of the yen, soaring raw material prices, and an increase in consumer frugality, leading to a decline in sales below initial expectations.