Japan Foods Holding warns of net loss for FY2025

The loss is attributable to weak sales, higher expenses, and impairment losses.

Japan Foods Holding Ltd expects to report a substantial net loss for FY2025 based on its preliminary assessment of its unaudited consolidated financial statements.

The loss is mainly due to weak sales amidst market saturation and challenging macroeconomic conditions and higher selling and distribution expenses from increased manpower costs, utilities, rental, and depreciation charges.

It also reflects impairment losses from non-performing outlets and asset write-offs due to outlet closures.

Further details on the company’s financial performance will be disclosed when the unaudited consolidated financial statements are finalised.

Shareholders and investors are advised to exercise caution when dealing in the company's shares.