Konaka Co.,Ltd.
Notice on Revision of Earnings Forecast for Fiscal Year Ending September 2026 and Recording of Extraordinary Loss and Adjustments to Income Taxes
Revised downward the consolidated and non-consolidated earnings forecasts for the current fiscal year. Net sales are expected to decrease from the previous forecast, and operating income and ordinary income are expected to be in the red. An extraordinary loss of 614 million yen and an adjustment to income taxes of 877 million yen are being recorded, which will further reduce net income. The fiscal year ending September 2026 is affected by earthquake, heavy rain, adverse weather conditions, and store consolidation/closures.
Key Figures
- Consolidated Net Sales: 51,175 million yen
- Consolidated Operating Income: -944 million yen
- Consolidated Ordinary Income: -633 million yen
- Net Income Attributable to Owners of Parent: 1,045 million yen
- Net Income per Share: 31.00 yen
AI要約
Revision of Earnings Forecast
We have revised downward our consolidated and non-consolidated earnings forecasts for the current fiscal year, lowering expectations for net sales and profits. Net sales are forecasted to fall short of the previous forecast, and operating income and ordinary income are also expected to decline. The primary reasons are store withdrawals due to contract expirations and rationalization of the store network, sales declines from reorganization of unprofitable stores, weak sales of summer merchandise due to adverse weather conditions, and a decline in customer visits.
Extraordinary Loss and Adjustments to Income Taxes
An impairment loss on fixed assets of approximately 611 million yen (614 million yen) is recorded as an extraordinary loss. We expect to record adjustments to income taxes of 877 million yen (consolidated), including the reversal of deferred tax assets. These factors are expected to reduce final net income.
Konaka Co.,Ltd.
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