Ecomott Inc.
Notice Regarding Differences Between Full-Year Forecasts and Results for the Fiscal Year Ending August 2026 (Consolidated and Non-consolidated), Recording of Extraordinary Losses and Recording of Corporate Tax Adjustment (Loss)
Ecomott Inc. announced differences between the full-year consolidated and non-consolidated forecasts and actual results for the fiscal year ending August 2026. Consolidated revenue fell approximately 211 million yen below the previous forecast; operating income, ordinary income, and net income attributable to owners of the parent also declined substantially. An impairment loss of investment securities of 14 million yen was recorded as an extraordinary loss, and a reversal of deferred tax assets resulted in a corporate tax adjustment (loss). Main causes were delays in IoT business integration, loss and specification changes of large projects, and rising material costs. Non-consolidated results similarly underperformed.
Key Figures
- Consolidated Net Sales previous forecast 2,428 million yen, Current actual 2,216 million yen
- Consolidated Operating Income previous forecast 56 million yen, Current actual -232 million yen
- Net Income Attributable to Owners of Parent consolidated previous forecast 41 million yen, Current actual -174 million yen
AI要約
Overview of Performance
Ecomott Inc. announced differences between the full-year forecasts and actual results for the fiscal year ending August 2026. Both consolidated and non-consolidated results fell short of forecasts for revenue and profit items. The company cites delays in integration within the IoT Business Innovation EPC operations, delivery delays, reduced orders, and specification changes as primary causes. Rising material costs also contributed, resulting in operating income, ordinary income, and net income all falling below both the prior year and previous forecasts. Accordingly, an impairment loss on investment securities was recorded as an extraordinary loss, and deferred tax assets were reversed.
Future Impact and Financial Outlook
The main causes of the variances are delays in EPC integration, loss and specification changes of large projects, and advanced capital expenditures, which may continue to exert short-term pressure on earnings. The impairment loss on investment securities and reversal of deferred tax assets have also affected the recording of a corporate tax adjustment. Non-consolidated performance is also expected to fall short of plans for revenue and profits, and the impact of rising material costs remains a continued point of attention.
Ecomott Inc.
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