Investments and depreciation expenses
Revised capital expenditures to JPY 56.6 billion (full-year), about JPY 10 billion rise.
- Accelerated forward-looking investments such as expansion of the production capacity for functional yogurt and chocolate and manufacturing facility in Medreich.
- Increased depreciation expenses, accordingly.
Free cash flow
Following the review of revised income target and investments, no change has made to the previous forecast, JPY 21.0 billion. ROE
Estimating 12% for the full year (previous forecast: 11%) after reflecting revisions to income targets. Dividends
No change from previous forecast
Revised capital expenditures to JPY 56.6 billion (full-year), about JPY 10 billion rise.
- Accelerated forward-looking investments such as expansion of the production capacity for functional yogurt and chocolate and manufacturing facility in Medreich.
- Increased depreciation expenses, accordingly.
Free cash flowFollowing the review of revised income target and investments, no change has made to the previous forecast, JPY 21.0 billion.
ROE
Estimating 12% for the full year (previous forecast: 11%) after reflecting revisions to income targets.
Dividends
No change from previous forecast