{"id":777034689,"date":"2025-11-17T08:11:22","date_gmt":"2025-11-17T11:11:22","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777034689"},"modified":"2026-04-21T17:02:47","modified_gmt":"2026-04-21T20:02:47","slug":"universal-entertainment-revises-down-fy25-forecast","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/universal-entertainment-revises-down-fy25-forecast","title":{"rendered":"Universal Entertainment lowers full-year forecast"},"content":{"rendered":"\n
The integrated resort business in the Philippines is experiencing a downturn in the VIP segment, the company says.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- Universal Entertainment Corporation<\/strong> has revised its full-year results forecast based on recent business performance. The owner of Okada Manila<\/a>, through subsidiary Tiger Resort, Leisure and Entertainment, now expects a JPY14bn (US$96.08m) loss<\/strong>, down from a forecast JPY800m (US$5.19m) profit. <\/p>\n\n\n\n The revision foresees a 17.3 per cent reduction in forecast net sales, down to JPY124bn (US$805m). Operating profit has been revised down by 99.7 per cent to JPY50m (US$324,600). <\/p>\n\n\n\n Universal Ent said in a filing that while the Amusement Equipments Business<\/strong> launched new titles largely according to plan in the first to the third quarter, the launch schedule for the final quarter has been altered due to factors including a low passing rate in the type approval test. Additionally, the company expects to record foreign exchange losses <\/strong>due to the appreciation of the Japanese yen against the US dollar.<\/p>\n\n\n\n \u201cFor the Integrated Resort (IR) Business<\/strong>, the Philippine casino market as a whole is experiencing a downturn in the VIP segment, intensified competition in the mass market, and a decline in tourist arrivals, leading to rapid market changes and a more challenging business environment than anticipated,\u201d it said. <\/p>\n\n\n